Used in business to describe future payments owed to a company.

Business Context

Implies an expectation to receive payment for goods or services provided.

Expectation of Payment

Considered an asset on a company's balance sheet.

Asset on Balance

Means someone gets something; clarify what is received.

Specify Context

Often used when someone receives an award or formal recognition.

Award Recognition

As a noun, 'receivable' is not commonly used; 'recipient' is preferred.

Less Common Usage

 classes in finance everyone knows you can't advance your career if you don't know the difference between an account payable and account receivable I was fascinated young Future Business Leaders are not learning to code they're not interested they don't see it as relevant

Receivable