Remove Accounts Receivable (AR) Remove Credit Card Payments Remove Credit Reporting Agencies
article thumbnail

Business Finance Terms Definition List

tillful

Accounts receivable (AR). Accounts receivable refers to money owed to a business by third parties like customers or clients. For example, if you provide a service and allow your client 60 days to pay, the amount they owe you will be recorded under your accounts receivables until it’s paid. Net income.