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Related to receivables: Net Receivables, Receivables Financing

Accounts Receivable

1. Money that a customer owes a company for a good or service purchased on credit. Accounts receivable are current assets for a company and are expected to be paid within a short amount of time, often 10, 30, or 90 days. See also: Collection period.

2. A unit within a company's accounting department that deals with accounts receivable.



Money due from tenants or clients. Receivables are listed as an asset on the balance sheet. One can have a profit on paper, because all the rent charged to tenants counts as income, whether collected or not.One can also have a large amount of assets and be worth a lot of money, on paper, because unpaid rents—receivables—are listed as an asset. At the same time everything looks rosy on paper, you can be going broke because tenants are not paying their rent, you don't have any hope of ever collecting the past-due receivables,and there is no money to pay the bills.

(Remember this when reviewing financial information for a rental property: you must see the balance sheet and the financial statements at the same time to figure out what is really happening.)

References in periodicals archive ?
In securitization, the manufacturer sells receivables into a securitization conduit.
Capitalization would be required for the integration costs if they added life or value to the newly acquired receivables or adapted them to a new or different use.
Key to landing a factoring deal is the age of the accounts receivables.
Service providers should consider the use of the nonaccrual experience method to avoid accruing income from accounts receivable estimated to be uncollectible.
Receivables' delinquency and default are the more familiar risks, as is dilution (an unconditional "put" of the receivable back to the originator).
Securitization agreements may contain certain "removal of accounts" provisions that give a transferor the right to periodically designate credit card accounts (and the related receivables) for removal from the pool of receivables securitized, assuming that certain conditions have been satisfied.
With the final regulations in place, cash-basis taxpayers with zero-basis receivables contemplating converting to S status are advised to accrue compensation for those who performed the services that generated the receivables and actually pay it within 2 1/2 months of the conversion.
Factoring export receivables also generates a domestic receivable.