Description

Accounts receivable refers to the money owed to a business by its customers for goods or services delivered but not yet paid for. This financial term is crucial for managing cash flow and assessing the financial health of a medical practice or agency.

Interpreter Notes

Interpreters should ensure they use the formal term 'cuentas por cobrar' in clinical settings. Common variants that may be heard include 'deudas por cobrar' or 'cobros pendientes', which should be avoided in formal contexts to maintain clarity.

Example Sentences

EN: The hospital's accounts receivable have increased significantly over the past year.

ES: Las cuentas por cobrar del hospital han aumentado significativamente en el último año.

Common Interpreter Mistakes

Confusing 'accounts receivable' with 'accounts payable'; misinterpreting similar-sounding terms like 'cobros' as 'cobertura'; using informal variants that may not be understood in a medical context.