different between receivable vs servicer
receivable
English
Alternative forms
- receiveable
Etymology
receive +? -able
Adjective
receivable (comparative more receivable, superlative most receivable)
- capable of being received, especially of a debt, from the perspective of the creditor.
Translations
Noun
receivable (plural receivables)
- A debt owed, usually to a business, from the perspective of that business
- One man's receivable is another man's payable.
- Especially, a debt arising from a sale on account or on credit.
Derived terms
- accounts receivable
receivable From the web:
- what receivables means
- what receivable turnover ratio is good
- what's receivable accounts
- what's receivable days
- what's receivables control account
- what receivable revenue
- receivable what type of account
- what is receivable management
servicer
English
Etymology
service +? -er
Noun
servicer (plural servicers)
- (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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