contractual receivables
[/kənˈtræk.tʃu.əl rɪˈsiː.və.bəlz/]
nounpl: contractual receivables
contas a receber contratuais
1. Amounts of money owed to a company or individual based on contractual obligations, typically arising from the sale of goods or services where payment is due at a future date
The company recorded contractual receivables of $500,000 from its service agreements with clients.
A empresa registrou contas a receber contratuais de $500.000 de seus contratos de serviço com clientes.
2. In accounting and finance, assets representing the right to receive cash payments according to the terms specified in contracts
Management reviewed the aging of contractual receivables to assess potential bad debts.
A administração revisou a antiguidade das contas a receber contratuais para avaliar possíveis devedores duvidosos.
3. Amounts due under enforceable contractual arrangements, distinguishing them from other types of receivables
Contractual receivables are guaranteed by formal agreements and are more secure than informal debts.
As contas a receber contratuais são garantidas por acordos formais e são mais seguras do que dívidas informais.
In Brazilian business and accounting contexts, contractual receivables are a crucial component of working capital management. Companies typically maintain detailed aging schedules and reserve accounts for potential defaults. The term is widely used in financial statements audited according to both Brazilian accounting standards (CPC) and international standards (IFRS). Understanding and managing contractual receivables is essential for cash flow planning and credit risk assessment in Brazilian enterprises.
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