Define: Unbilled Revenue
Unbilled Revenue means payment due for delivered products or services not yet invoiced.
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
Unbilled Revenue means payment due for delivered products or services not yet invoiced.
Relevant Circumstances
- Supply of goods and services before invoicing takes place
- Trade relationships with extended payment terms
- Long-term projects where costs accrue over time