receivable
Word family
Synonym discussion
Sense: adjective/1
All three words describe money that has not yet been paid, but they differ in perspective and scope. 'Outstanding' is the broadest — it can refer to any unfinished business (a task, a question) and in financial contexts simply means 'not yet settled,' without specifying who is owed. 'Unpaid' is the most direct and everyday term; it just states that payment has not been made, regardless of expectation. 'Due' centres on the deadline: a payment is due when it must reach the recipient by a certain date, but it may already have been sent. 'Receivable' is the only one that takes the receiver's viewpoint — it describes money that someone expects to collect. In practice, a single invoice can be described as 'receivable' (from the seller's books), 'payable' (from the buyer's), 'outstanding' (generally unpaid), and 'due' (past the deadline), each highlighting a different aspect.
Common collocations
Etymology
Formed from the verb 'receive' (from Old North French 'receivre', Latin 'recipere' — re- 'back' + capere 'to take') plus the suffix '-able', meaning 'able to be received'. The literal sense 'capable of being received' appeared in the 1500s but is now obsolete. The modern accounting sense — 'awaiting payment' — developed in British commercial usage during the 1800s, where 'receivable' became the standard term for money owed but not yet collected.