Receivable
(adjective)
- Able to be received, taken or accepted.
- Fit or suitable to be received or accepted.
Origin:
Derived from the verb 'receive' which means to take or accept something that is offered.
Examples:
- All employees are expected to sign the agreement to receive their salary on the last working day of the month.
- This product is not receivable because it is not in good condition.
- The receivable amount must be paid within 30 days after the receipt of the invoice.
- The event coordinator stated that all attendees must bring their receivable tickets to enter the venue.
- This company specializes in managing the receivable accounts of businesses.