Interest receivable


 

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Interest receivable

An accounting term which refers to the amount of income a company receives in the form of interest payments on its cash. The figure for interest receivable can be found in the balance sheet. Its flip side is 'interest payable' - the amount a company pays on its borrowings.



Similar Matches

Certificates of Automobile Receivables (CAR)

Certificates of Automobile Receivables (CAR)

Pass-through securities backed by automobile loan receivables.


Receivables turnover ratio

Receivables turnover ratio

Total operating revenues divided by average receivables. Used to measure how effectively a firm is managing its accounts receivable.


Average collection period, or days receivables

Average collection period, or days receivables

The ratio of accounts receivables to sales, or the total amount of credit extended per dollar of daily sales (average AR/sales 365).


Accounts receivable financing

Accounts receivable financing

A short-term financing method in which accounts receivable are collateral for cash advances. See: Factoring.


Days in receivables

Days in receivables

Average collection period.


Further Suggestions

Accounts receivable
accounts receivable


 
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