Description

Accounts receivable refers to the outstanding invoices a company has or the money owed by clients for goods or services delivered. This financial term is crucial for understanding a company's cash flow and financial health.

Interpreter Notes

Interpreters should be aware that 'cuentas por cobrar' is the formal term used in medical finance contexts. Variants like 'deudas' or 'facturas pendientes' may be heard colloquially but should be avoided in formal interpretations to maintain clarity.

Example Sentences

EN: The hospital's accounts receivable have increased significantly this quarter.

ES: Las cuentas por cobrar del hospital han aumentado significativamente este trimestre.

Common Interpreter Mistakes

Confusing 'cuentas por cobrar' with 'cuentas por pagar'; misinterpreting the context as personal debt rather than business finance; mixing up with similar financial terms like 'activos'.