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Meaning of receivable

re•ceiv•a•ble

Pronunciation: (ri-sē'vu-bul), [key]
— adj.
  1. fit for acceptance; acceptable.
  2. awaiting receipt of payment: accounts receivable.
  3. capable of being received.
—n.
  1. business assets in the form of obligations due from others.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
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