account payable
account pay·able [ -ˈpā-ə-bəl]
plural accounts payable
: the balance due to a creditor on a current account
Recent Examples on the Web
//Topics include the setup of new files, processing bank transactions, accounts receivable and accounts payable entries, reconciliation of bank and credit card accounts, and running basic financial reports.
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chicagotribune.com, "Calendar: Get a glimpse into the world of storm chasing Thursday in Antioch," 15 Sep. 2019
//The decision was due to accounts payable, deficit fund balances and a treasury deficiency.
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Rachel Berry, Cincinnati.com, "Clermont County village placed in fiscal emergency," 20 June 2019
//Generating cash is more important than ever, though—Tesla still has more than $10 billion in debt and $3.5 billion in accounts payable on its books.
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Charley Grant, WSJ, "Tesla Hits the Bull’s-Eye," 24 Oct. 2018
//Tesla has $3 billion in cash but that is dwarfed by $3.5 billion in accounts payable, which rose $500 million in the quarter, and about $10 billion in debt.
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Charley Grant, WSJ, "How Tesla Made a Record Profit," 5 Nov. 2018
//Additionally, the company reported $3.03 billion in accounts payable, which investors may look at warily if Tesla needs to take on any more debt for whatever reason.
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Megan Geuss, Ars Technica, "Tesla posts bigger-than-expected loss, bigger-than-expected revenue [Updated]," 1 Aug. 2018
//Blue Orca says Samsonite overstated Tumi’s accounts payable in the first deal and understated inventories in the second deal, in ways that would flatter its profit margins in subsequent quarters.
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Jacky Wong, WSJ, "Samsonite Needs to Make Its Case," 25 May 2018
//Among other duties, the auditor manages the county's revenue, accounts payable and payroll.
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Holly V. Hays, Indianapolis Star, "Marion County primary: Forestal and Durham held on to early leads to win sheriff race," 8 May 2018
//Also, the review found that for the period covered, 72% of the agency's accounts payable were from one to 120 days overdue.
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Doug Smith, latimes.com, "Review faults L.A. homeless authority's fiscal management, raising questions over Measure H funds," 5 Apr. 2018
First Known Use of account payable
1812, in the meaning defined above
Dictionary Entries near account payable