What is the definition of Notes receivable? | Dictionary.net

NOTES RECEIVABLE

\nˈə͡ʊts ɹɪsˈiːvəbə͡l], \nˈə‍ʊts ɹɪsˈiːvəbə‍l], \n_ˈəʊ_t_s ɹ_ɪ_s_ˈiː_v_ə_b_əl]\

Definitions of NOTES RECEIVABLE

1910 - Black's Law Dictionary (2nd edition)

Sort: Oldest first

Written undertakings stating the amount of money receivableat a future date. If it is due withing 12 months, it is considered as current of the balance sheet date and non-current if it is due after 12 months.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

Word of the day

Sarah Tittle Bolton

An American poet; born Newport, Ky., Dec. 18, 1815; died in Ind., Aug. 4, 1893. She is known for her patriotic and war poems, including: "Paddle Your Own Canoe"; "Left on the Battlefield"; etc. "Poems"(New York, 1865; Indianapolis, 1886).

View More

Nearby Words