MLchartDataset catalogue

Account receivable

Term · Law · MLC-T-LAW-000312

A legally enforceable claim for payment held by a business against its customers for goods supplied or services rendered on credit. These are current assets on a company's balance sheet, representing money owed to the business. The value of accounts receivable is often discounted when sold to a factor.

Table 1. Record
IdentifierMLC-T-LAW-000312
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-000312",
  "term": "Account receivable",
  "field": "Law",
  "definition": "A legally enforceable claim for payment held by a business against its customers for goods supplied or services rendered on credit. These are current assets on a company's balance sheet, representing money owed to the business. The value of accounts receivable is often discounted when sold to a factor.",
  "url": "https://mlchart.com/terminology/law/account-receivable/"
}

Record 73 of 5,445 in Law terminology (MLC-0107). Request the full dataset.