NOTES RECEIVABLE Definition

Bookmark and Share

NOTES RECEIVABLE is a debt due from borrowers evidenced by a written promise of payment. Note receivable, an entry on the asset side of many corporate balance sheets, indicates the dollar amount of loans due to be repaid by borrowers.

Learn new Accounting Terms

INTERNATIONAL FUND is a (mutual) fund that can invest only outside the home country, e.g. the United States.

EQUIVALENT UNIT OF PRODUCTION (EPU) is based on the idea that if 100 units are all 40% complete, then 40 whole units could have been completed.

Suggest a Term

Enter Search Term

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