COLLECTIBLE Definition

Bookmark and Share

COLLECTIBLE is an amount subject to or requiring payment especially as specified, e.g. a collectible bill.

Learn new Accounting Terms

TREASURER is the officer appointed to administer or manage the financial assets and liabilities of a society, company, local authority, or other body.

REVOLVING CREDIT is a line of credit extended to customers who may use it as often as desired up to a certain dollar limit. Items purchased using this line of credit may be paid in full upon receipt of a monthly statement, or they may be paid for in several installments, for which an interest charge is added. Also known as REVOLVING LINE OF CREDIT.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.