Account Payable

Definition of the noun account payable

What does account payable mean as a name of something?

noun

1. a liability account showing how much is owed for goods and services purchased on credit
   • lexical domain: States - nouns denoting stable states of affairs
   • synonym of account payable: payable
   • more generic terms: financial obligation / indebtedness / liability = an obligation to pay money to another party

Printed dictionaries and other books with definitions for Account Payable

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The Entrepreneur's Dictionary of Business and Financial Terms (2013)

by Khwaja Masoom

Account Payable: Amount owed to a creditor for delivered goods or completed services. Account Receivable: Claim against a debtor for an uncollected amount, generally from a completed transaction of sales or services rendered. Account ...

The American business and accounting encyclopaedia (1908)

a standard reference work for business men and accountants, profusely illustrated with many special forms, tables, and diagrams never before published

Account Payable. An .account showing amount of liability for goods purchased, or value received, and possessing the same general characteristics as Account Receivable. 4. Adjustment Account. — A term used to describe an account which ...

An International Dictionary of Accounting and Taxation (2004)

Twelve Thousand Plus Entries on Accounting, Auditing and Taxation in the United States, Canada, United Kingdom and Australia by Guy Wanjialin

account payable (a/c pay.)(ac. pay.)(A/P) money owed by the business to ...

Dictionary of Legal Terms, 5th edition

by Steven H. Gifis

PAYABLES see account [ACCOUNT PAYABLE]; balance sheet; liabilities. PAYABLE TO BEARER see bearer paper. PAYABLE TO ORDER see order paper ...

Dictionary for Business & Finance (1995)

by John V. Terry

account payable Amount owed to an ordinary business creditor as distinct from long- term liability. account receivable Amount due in the short-term from ...

Webster's New World Law Dictionary (2010)

by Jonathan Wallace, Susan Ellis Wild

account payable n. The balance owed to a ...

The Standard Financial Dictionary (1906)

An Encyclopedia Covering the Entire Field of Finance, Words, Terms, Phrases

Account payable.

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Account Payable Explanation with Simple Examples

This video is an introduction to Accounts Payable in simple Hindi. After watching this video, you can learn "who are account payables?" Why is it necessary to ...

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