note receivable (Meaning)
Wordnet
note receivable (n)
your right in a promissory note in which the maker promises to pay a certain amount of money at a certain time
Synonyms & Antonyms of note receivable
No Synonyms and anytonyms found
note receivable Sentence Examples
- The company recorded a note receivable worth $10,000 for the sale of goods on account.
- The note receivable has a maturity date of 60 days and bears interest at 6% per annum.
- The company discounted the note receivable with a bank to obtain immediate cash.
- The discounted note receivable resulted in a gain of $500 for the company.
- The note receivable was impaired due to the customer's financial difficulties.
- The note receivable was used as collateral for a loan from a financial institution.
- The company extended the maturity date of the note receivable to provide the customer with additional time to pay.
- The note receivable was disputed by the customer, leading to legal proceedings.
- The note receivable was considered a short-term asset on the company's balance sheet.
- The company's accounts receivable department tracks all outstanding note receivables.
FAQs About the word note receivable
your right in a promissory note in which the maker promises to pay a certain amount of money at a certain time
No synonyms found.
No antonyms found.
The company recorded a note receivable worth $10,000 for the sale of goods on account.
The note receivable has a maturity date of 60 days and bears interest at 6% per annum.
The company discounted the note receivable with a bank to obtain immediate cash.
The discounted note receivable resulted in a gain of $500 for the company.
