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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 $10k in the bank, and a total of $20k open invoices out to multiple clients that have not paid yet, I sort of have $30k, but not really. Is there a word for that $20k owed? Is there a different word for that $30k "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 $20k owed?

Trade Receivables, Accounts Receivables, or just Receivables

Is there a different word for that $30k "hypothetical" total?

Current Assets (Includes Inventory and other short term assets)

  • Ah, so, looking that up would the $10k I already have be... "Fixed Assets"? – Jason C Jan 30 '16 at 14:19
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    No. Fixed assets are things that cannot easily turn into cash, such as Property, Plant, and Equipment. – base64 Jan 30 '16 at 15:16

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