trade receivables

Definition

This is another name for Accounts Receivable.

Use trade receivables in a sentence

  • It is very simple. The companies drive to the docks and unload the trade receivables. Then the account receiver or trade receiver, (either is an acceptable term) then checks all pallets into the logbook.

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  • Our audit department recently contacted a representative sample of our current customers to validate their total outstanding balances as represented by their trade receivables.

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  • I kept asking him, but he would not tell me what the trade receivables were and it kept making me angrier and angrier.

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