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Dictionary
the receivables
noun
A debt owed, usually to a business, from the perspective of that business
Exact(53)
With retail and commercial customers, the banks prefer direct negotiations in an attempt to achieve an amicable agreement or, if necessary, they settle for receiving only part of the receivables.
Bondholders, determined not to lose control of the receivables, have petitioned an Ohio court to install an independent receiver to take over a National Century subsidiary that manages the cash flow in the bond trusts.
The deferred revenue - $177m - was only half the receivables.
The "receivables" of $330m equated to four and a half months' revenues.
"We provide electron-level transparency," says Nic Perkin, a co-founder of The Receivables Exchange.
Instead of being paid for the receivables upfront, WorldCom will have to wait for those customers to pay their bills, which could take up to three months.
Financing through accounts receivable can be done either by pledging the receivables or by selling them outright, a process called factoring in the United States.
Similar(4)
Bondholders have retained the investment bankers Houlihan Loke Howard & Zukin to perform a forensic audit of the receivable pools.
The receivable of 17.69 billion lire in Fininvest Roma's balance sheet simply netted off against the liabilities of 17.44 billion in Fininvest Srl's balance sheets.
If you want, do sixty-day billing and address the receivable with Linda, but after that point we expect to be paid.
Here is how it works: Anchor buys the receivable from a small business and immediately advances a portion of the total, normally 75to85percentent.
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