loan receivable

USAGE SUMMARY

The phrase "loan receivable" is correct and usable in written English.
It is typically used in financial contexts to refer to amounts that are owed to a lender by a borrower. Example: "The company's balance sheet shows a significant amount of loan receivable, indicating the funds expected to be collected from borrowers."

✓ Grammatically correct

Formal & Business

News & Media

Science

Human-verified examples from authoritative sources

Exact Expressions

6 human-written examples

Unfortunately, Meruelo does not explain why in the example in the regulations, the shareholder was able to increase his debt basis in a debtor S corporation when he received a distribution of the loan receivable from an affiliated lender, despite the lack of an economic outlay on his part.

Forbes

Repayment of Loan Receivable.

Science Magazine

A loan receivable is money the company lent someone, usually a business partner.

Science Magazine

In Alta Genetics's case, they include six items: a loan receivable, development inventory, production livestock, investment tax credits, capital assets, and other assets.

Science Magazine

Generally, these affiliates would pay expenses on Merco's behalf, and record a loan receivable from Merco, with Merco recording a corresponding loan payable to the affiliates.

Forbes

The change from the third quarter 2017 is principally due to the cumulative impact of using proceeds from asset divestitures and loan receivable collections to retire and reduce the Company's debt balance.

Forbes

Human-verified similar examples from authoritative sources

Similar Expressions

54 human-written examples

The General Motors Acceptance Corporation is offering the first issue of debt securities backed by car loan receivables specificially tailored for the Eurobond market.

The New York Times

Its investment is via five-year bonds that are secured with the loan receivables from Credit Culture and include granted call options for taking that stake — in other words: this isn't your regular startup deal.

TechCrunch

The University's assets on the Statement of Financial Position represent resources owned or used by the University and include cash, accounts receivable, prepaid expenses, inventory, pledges receivable, loans receivable, investments, and plant facilities.

Stanford University

In the most recent quarter, which ended in June, E*Trade held $47 billion in mortgage securities, home equity loans and loans receivable, or three-quarters of its total assets.

The New York Times

It also held $32.4 billion in loans receivables, up from $26.4 billion.

The New York Times - Tech

Expert writing Tips

Best practice

When discussing financial statements, use "loan receivable" to clearly indicate an asset representing money owed to your company by a borrower.

Common error

Avoid using "loan receivable" when you mean "accounts payable". "Loan receivable" is an asset (money owed to you), while accounts payable is a liability (money you owe).

Linguistic Context

The primary grammatical function of "loan receivable" is that of a noun phrase functioning as a subject complement or object in a sentence, typically within financial or accounting contexts. As Ludwig AI mentions, it refers to amounts that are owed to a lender by a borrower.

Expression frequency: Uncommon

Frequent in

News & Media

33%

Formal & Business

33%

Science

33%

Less common in

Ludwig's WRAP-UP

In summary, "loan receivable" is a noun phrase denoting a financial asset representing money owed to a lender. Ludwig AI indicates that it's grammatically correct and commonly used in financial contexts. While not overly frequent, its usage is clear and consistent within business, news, and scientific domains. When writing, it's crucial to differentiate it from liabilities like "accounts payable" and to use it appropriately in the context of financial reporting or loan discussions. Alternatives include "receivable loan", "outstanding loan", or "loan asset" depending on the specific nuance you wish to convey.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

receivable loan

Inversion of the original phrase, changing the emphasis slightly but maintaining the core meaning.

outstanding loan

Focuses on the fact that the loan has not yet been repaid.

loan asset

Highlights that the loan is an asset on the lender's balance sheet.

money owed on loan

More descriptive, specifying the debt is due on a lending agreement.

loan to be received

Emphasizes the expectation of future receipt of the loan amount.

credit extended

Describes the act of providing credit, which results in a loan receivable.

receivable amount for loan

Highlights the amount that is receivable, specifying that it is for loan.

loan repayment due

Focuses on the obligation of the borrower to repay the loan.

debt owed to lender

States in a general way that the debt belongs to the lender.

accounts receivable related to loans

Connects the loan to the broader accounting term "accounts receivable".

FAQs

What is a "loan receivable"?

A "loan receivable" is an accounting term that refers to the amount of money a lender is entitled to receive from a borrower under the terms of a loan agreement. It represents an asset on the lender's balance sheet.

How does a "loan receivable" differ from a "note receivable"?

While both represent amounts owed to a company, a "loan receivable" typically arises from a formal lending agreement, while a "note receivable" can be a more general term for any written promise to pay.

What are some alternatives to the phrase "loan receivable"?

Depending on the context, you could use phrases such as "outstanding loan", "loan asset", or "money owed on loan". See also: "receivable loan".

How is a "loan receivable" reported on a balance sheet?

A "loan receivable" is typically reported as an asset on the balance sheet. It may be classified as either a current asset (if due within one year) or a non-current asset (if due in more than one year).