accounts payable
account which shows the current debts of a business | ||||
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ACCOUNTS PAYABLE definition was found in categories: Business & Finance(4) Language, Idioms & Slang(1) Sports(1) Encyclopedia(1)
ACCOUNTS PAYABLE Definition from Business & Finance Dictionaries & Glossaries
| Campbell R. Harvey's Hypertextual Finance Glossary |
Accounts payable
Money owed to suppliers.
Money owed to suppliers.
| BASSAM Trade, Real Estate, Mortgage, Fund,Invest, Insurance,& Tax,Terms/abbreviations/defin. |
ACCOUNTS PAYABLE
The amount or money owed for services or goods purchased by a business. Most often there is a specified time for payment, i.e., Net 30 days.
See DRAWING ACCOUNT, ACCOUNT EXECUTIVE, ACCOUNT, ACCOUNT RECEIVABLE, ACCOUNTS RECEIVABLE FINANCING, ACCOUNTS RECEIVABLE TURNOVER
The amount or money owed for services or goods purchased by a business. Most often there is a specified time for payment, i.e., Net 30 days.
See DRAWING ACCOUNT, ACCOUNT EXECUTIVE, ACCOUNT, ACCOUNT RECEIVABLE, ACCOUNTS RECEIVABLE FINANCING, ACCOUNTS RECEIVABLE TURNOVER
| Raynet Business & Marketing Glossary |
Accounts Payable
money which a company owes to vendors for products and services purchased on credit (see creditors).
money which a company owes to vendors for products and services purchased on credit (see creditors).
| Sean_Woo's Finance,GIS & Real Estate Glossary |
accounts payable
also as trade credit, means money that should be paid
Note: accounts payable is the largest category of short-term financing
eg: firm A purchases goods of $2,000 every day from firm B, and A always do not pay B for goods at once, but pay B the money every 30 days. Thus firm A get $60,000 of short-term financing, or accounts payable.
also as trade credit, means money that should be paid
Note: accounts payable is the largest category of short-term financing
eg: firm A purchases goods of $2,000 every day from firm B, and A always do not pay B for goods at once, but pay B the money every 30 days. Thus firm A get $60,000 of short-term financing, or accounts payable.
ACCOUNTS PAYABLE Definition from Language, Idioms & Slang Dictionaries & Glossaries
| WordNet 2.0 |
accounts payable
Noun
1. a debtor's accounts of money he owes; normally arise from the purchase of products or services
(hypernym) liabilities
Noun
1. a debtor's accounts of money he owes; normally arise from the purchase of products or services
(hypernym) liabilities
ACCOUNTS PAYABLE Definition from Sports Dictionaries & Glossaries
| maritime&shipping&trade |
Accounts Payable
A current liability representing the amount owed by an individual or a business to a creditor(s) for merchandise or services purchased on an open account or short-term credit.
A current liability representing the amount owed by an individual or a business to a creditor(s) for merchandise or services purchased on an open account or short-term credit.
ACCOUNTS PAYABLE Definition from Encyclopedia Dictionaries & Glossaries
| Wikipedia English - The Free Encyclopedia |
Accounts payable
Accounts payable is a file or account that contains money that a person or company owes to suppliers, but hasn't paid yet. When you receive an invoice you add it to the file, and then you remove it when you pay. Thus, the A/P is a form of credit that suppliers offer to their purchasers by allowing them to pay for a product or service after it has already been received.
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