ACCOUNT PAYABLE

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does account payable mean? 

• ACCOUNT PAYABLE (noun)
  The noun ACCOUNT PAYABLE has 1 sense:

1. a liability account showing how much is owed for goods and services purchased on credit

  Familiarity information: ACCOUNT PAYABLE used as a noun is very rare.

 Dictionary entry details 

• ACCOUNT PAYABLE (noun)

Sense 1

Meaning:

A liability account showing how much is owed for goods and services purchased on credit

Classified under:

Nouns denoting stable states of affairs

Synonyms:

account payable; payable

Context example:

the problem was to match receivables and payables in the same currency

Hypernyms ("account payable" is a kind of...):

financial obligation; indebtedness; liability (an obligation to pay money to another party)