note receivable

1. 1.

   your right in a promissory note in which the maker promises to pay a certain amount of money at a certain time

   Broadernote

Questions about note receivable

What does note receivable mean?

note receivable means "your right in a promissory note in which the maker promises to pay a certain amount of money at a certain time".

Is note receivable a common word?

note receivable is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.