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accounts payable

noun

Definitions

  1. The total amount of money that is owed by a customer to its suppliers of goods and…

    The total amount of money that is owed by a customer to its suppliers of goods and services and is counted by the customer as a current unpaid debt.

    • Cost of goods sold are divided by the accounts payable to get the payables turn ratio.
    • Masters, with accounts payable averaging 2,296 livres (median = 1,008) were far more heavily indebted than the faubourg bakers (712 and 320 livres)

  2. plural of account payable

The neighborhood

Vish — recursive loop

No curated loop yet for accounts payable. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA