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A Receivable Is a Monetary Claim Against a Business or an Individual

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A receivable is a monetary claim against a business or an individual.


Definitions:

Six-figure Accuracy

Precision that extends to six digits.

Overline

In mathematics, a line drawn over symbols to indicate that they are considered together, such as in the notation for a repeating decimal.

Denominator

The number under a division line in a fraction. The denominator is also known as the divisor.

Unknown Variable

A symbol in mathematics that represents a number or value which is not yet identified.

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