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accounts payable

Definition of accounts payable

business

  1. :  the amounts of money that a business owes to people or other businesses



Word by Word Definitions

accountaccounts
  1. :  reckoning, computation

    :  a record of debit and credit entries to cover transactions involving a particular item or a particular person or concern

    :  a statement of transactions during a fiscal period and the resulting balance

  1. :  to think of as :  consider

    :  to probe into :  analyze

payableplay
  1. :  that may, can, or must be paid

    :  profitable


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