receivable

This term is primarily used in accounting and corporate finance to describe assets that represent a legal right to receive cash in the future. As an adjective, it describes the nature of a debt that is eligible for collection, whereas as a noun, it refers to the actual debt itself. It carries a neutral, professional tone and is rarely used outside of financial or legal contexts.

When used as a noun, the word is most frequently encountered in the plural form "receivables" or within the compound phrase "accounts receivable." While technically countable, it is often treated as a collective category of assets on a balance sheet, referring to the total sum of money owed to a company by its clients.