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:
Need help with global payments, global ecommerce?
2Checkout is here to help you accelerate your business growth.