Entry 1 sense Webster, 1913 Receivability /(rē̇*sēv`ȧ*bĭl"ĭ*ty̆)/ · Re·ceiv·a·bil·i·ty · IPA /ɹəˌsi.vɑˈbɪl.ɪ.ti/ 01 n. The quality of being receivable; receivableness. 1. The quality of being receivable; receivableness.