account payable

account payable
pl. accounts payable
the amount owed by a business to a creditor, usually for goods or services

English World dictionary. . 2014.

Look at other dictionaries:

  • account payable — account pay·able / pā ə bəl/ n pl accounts payable: the balance due to a creditor on a current account Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. account payable …   Law dictionary

  • account payable — mokėtina suma statusas Aprobuotas sritis buhalterinė apskaita ir finansinė atskaitomybė apibrėžtis Suma, kurią mokėti įsipareigojama pagal sandorius arba teisės aktus. atitikmenys: angl. account payable šaltinis Lietuvos Respublikos finansų… …   Lithuanian dictionary (lietuvių žodynas)

  • account payable — account′ pay′able n. pl. accounts payable bus a liability to a creditor, usu. for purchases of goods and services • Etymology: 1935–40 …   From formal English to slang

  • account payable — pl. accounts payable. a liability to a creditor, carried on open account, usually for purchases of goods and services. [1935 40] * * * Any amount owed as the result of a purchase of goods or services on a credit basis. Although a firm making a… …   Universalium

  • account payable — noun a liability account showing how much is owed for goods and services purchased on credit the problem was to match receivables and payables in the same currency • Syn: ↑payable • Hypernyms: ↑indebtedness, ↑liability, ↑financial obligation * *… …   Useful english dictionary

  • account payable — A debt, owed by an enterprise, that arises in the normal course of business dealings and has not been replaced by a note payable of a debtor. For example, bills for materials received but not yet paid. Contract obligations owing by a person on… …   Black's law dictionary

  • account payable — noun (plural accounts payable) Date: circa 1936 the balance due to a creditor on a current account …   New Collegiate Dictionary

  • account receivable — account re·ceiv·able / ri sē və bəl/ n pl accounts receivable: a balance due from a debtor on a current account Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. account receivable …   Law dictionary

  • payable — Capable of being paid; suitable to be paid; admitting or demanding payment; justly due; legally enforceable. A sum of money is said to be payable when a person is under an obligation to pay it. Payable may therefore signify an obligation to pay… …   Black's law dictionary

  • account — A detailed statement of the mutual demands in the nature of debit and credit between parties, arising out of contracts or some fiduciary relation. A statement in writing, of debits and credits, or of receipts and payments; a list of items of… …   Black's law dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.