Is there a term for total money owed to you?
Is there a word, in finance, for the total amount of money owed to you? That is, for money you "have" but you don't have yet.
For example, if I have k in the bank, and a total of k open invoices out to multiple clients that have not paid yet, I sort of have k, but not really. Is there a word for that k owed? Is there a different word for that k "hypothetical" total?
If it matters, let's say I am virtually 100% positive that I will receive that money owed.
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Is there a word for that k owed?
Trade Receivables, Accounts Receivables, or just Receivables
Is there a different word for that k "hypothetical" total?
Current Assets (Includes Inventory and other short term assets)
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