different between receivable vs servicer

receivable

English

Alternative forms

  • receiveable

Etymology

receive +? -able

Adjective

receivable (comparative more receivable, superlative most receivable)

  1. capable of being received, especially of a debt, from the perspective of the creditor.

Translations

Noun

receivable (plural receivables)

  1. A debt owed, usually to a business, from the perspective of that business
    One man's receivable is another man's payable.
  2. Especially, a debt arising from a sale on account or on credit.

Derived terms

  • accounts receivable

receivable From the web:

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  • what's receivable days
  • what's receivables control account
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  • receivable what type of account
  • what is receivable management


servicer

English

Etymology

service +? -er

Noun

servicer (plural servicers)

  1. (law, finance) One who services a loan or other obligation, by collecting receivables and carrying out related actions such as enforcement

servicer From the web:

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