Commerce Glossary

A comprehensive resource to help you master the language of commerce.
What commerce term are you interested in?
Search Results for ""...

What is Accounts Receivable (AR)?

ac - count re·ceiv·a·ble
noun
Represents the payment (money balance) that the merchant is due to receive from its customers who have made a purchase of online goods or services on credit. Credit terms are mostly short term, but they may vary from one day to one week, month, or even a year, depending on the agreement between the merchant and its customers, or reseller partners.

Want to read more on this topic? Check out our related resources:

Simplify the eCommerce process. Try 2Checkout.
The most flexible digital commerce platform that can give your business a real boost.