What does BILLRECEIVABLE mean?

BILLRECEIVABLE meaning in Law Dictionary

In a merchant’s reports, all records, drafts, inspections, etc., payable to him, or which he could be for the proceeds at another day, are called “bills receivable,” and so are registered in a ledger-account under that title, and noted in a book bearing equivalent name. State v. Robinson. 57 Md. 501.