Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

ACCOUNTS RECEIVABLE AGING Definition & Legal Meaning

Definition & Citations:

The way of showing which customers pay on time and which don’t. How far behind is also added to this calculation. It is used to collect debts and establish credit.

Disclaimer

This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.