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account payable

   Also found in: Legal, Financial, Encyclopedia, Wikipedia 0.01 sec.
account payable
n
(Economics, Accounting & Finance / Accounting & Book-keeping) Accounting US a current liability account showing amounts payable by a firm to suppliers for purchases of materials, stocks, or services on credit
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.account payableaccount payable - 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"
payable
financial obligation, indebtedness, liability - an obligation to pay money to another party
Translations
account payable n (Am) → conto passivo


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Madsen remitted checks from FB's account payable to KCL, to purchase insurance products.
Providing plan administrative services results in potential liability by Lindbloom, John W. / The Tax Adviser
So Harry the publicist, a man with whom I play pool, softball and an occasional hand of poker, announced he had the solution to that ongoing account payable we call the Simpson case.
LOCAL VIEW : HOW TO MAKE O.J. CASE PAY COUNTY COULD AUCTION OFF TRIAL ... by Daily News (Los Angeles, CA)
Once Levine, Cooper accountants have the general ledger data on their computers, they use another Prentice Hall product, Answers, to perform more analytical functions such as calculating more than 100 standard ratios: the dollar amount of account payable versus turnover, overhead costs to labor, cost to sales and additional ratios can be added that are specific to certain industries.
Accountants turn to software to speed computation: programs eliminate ... by Goldgaber,, Arthur / Los Angeles Business Journal
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