Receivable definition

Receivable any right to payment for goods sold or leased or for services rendered, whether or not such right is evidenced by an Instrument or Chattel Paper and whether or not it has been earned by performance (including, without limitation, any Account).
Receivable means any retail installment sale contract executed by an Obligor in respect of a Financed Vehicle, and all proceeds thereof and payments thereunder, which Receivables shall be identified in a Schedule of Receivables.
Receivable means a right to receive payment arising from a sale or lease of goods or the performance of services by a Person pursuant to an arrangement with another Person pursuant to which such other Person is obligated to pay for goods or services under terms that permit the purchase of such goods and services on credit and shall include, in any event, any items of property that would be classified as an “account,” “chattel paper,” “payment intangible” or “instrument” under the Uniform Commercial Code as in effect in the State of New York and any “supporting obligations” as so defined.

Examples of Receivable in a sentence

  • If you have difficulty in meeting the required payment of fees, levies, and ad hoc charges, you should discuss this with the Principal, Business Manager or Accounts Receivable department of the school by emailing xxxxxxxxx@xxxx.xxx.xxx.xx or calling (00) 0000 0000.

  • Payment options include eCheck/ACH, credit card, or physical check sent to The Ohio State University, Accounts Receivable at PO Box 182905, Columbus, OH 43218-2905.


More Definitions of Receivable

Receivable means a right to receive payment pursuant to an arrangement with another Person pursuant to which such other Person is obligated to pay, as determined in accordance with GAAP.
Receivable means any Contract with respect to a new or used automobile, light-duty truck or van which shall appear on the Schedule of Receivables and all Related Security in connection therewith which has not been released from the lien of the Indenture.
Receivable means any Contract listed on Schedule I hereto (which Schedule may be in the form of microfiche).
Receivable means a motor vehicle retail installment sale contract sold by the Seller to the Purchaser pursuant to the Receivables Purchase Agreement and identified on the Receivable Schedule (as such contract may be amended, supplemented or otherwise modified and in effect from time to time).
Receivable means any Contract listed on the Schedule of Receivables attached to an Assignment (which Schedule may be in the form of microfiche), as such Schedule may be amended from time to time.
Receivable means any retail installment sale contract that appears on the Schedule of Receivables and that has not been released by the Owner Trustee from the Trust.
Receivable means any retail installment sale or loan contract listed on Schedule A hereto.