note receivable Antonyms

No Synonyms and anytonyms found

Meaning of note receivable

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

note receivable Sentence Examples

1. The company recorded a note receivable worth $10,000 for the sale of goods on account.
2. The note receivable has a maturity date of 60 days and bears interest at 6% per annum.
3. The company discounted the note receivable with a bank to obtain immediate cash.
4. The discounted note receivable resulted in a gain of $500 for the company.
5. The note receivable was impaired due to the customer's financial difficulties.
6. The note receivable was used as collateral for a loan from a financial institution.
7. The company extended the maturity date of the note receivable to provide the customer with additional time to pay.
8. The note receivable was disputed by the customer, leading to legal proceedings.
9. The note receivable was considered a short-term asset on the company's balance sheet.
10. The company's accounts receivable department tracks all outstanding note receivables.

FAQs About the word note receivable

What is the meaning of 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

What are the synonyms of the word note receivable

No synonyms found.

What are the antonyms of the word note receivable

No antonyms found.

What is the usage of word note receivable

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.

How to use the word note receivable in a sentence?

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.