A receivable is a monetary claim against a business or an individual.

Name: A receivable is a monetary claim against a business or an individual.
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A receivable is a financial term that represents an amount of money that a person or a business expects to receive from another person or business, typically as payment for goods or services. It is a monetary claim that is documented through an invoice, a bill, or a contract.

A Receivable Is a Monetary Claim Against a Business or an Individual