/rɪˈsivəbəlz/ – Noun
Definition: Khoản phải thu
A more thorough explanation: “Receivables” refers to the amount of money owed to a business or individual by customers or clients for goods or services provided on credit. In legal terms, receivables represent a legally enforceable claim for payment, typically documented through invoices or other written agreements.
Example: The company’s financial statements show a significant increase in receivables over the past quarter.