account payable

noun
plural accounts payable

Definition of account payable

: the balance due to a creditor on a current account

Examples of account payable in a Sentence

Recent Examples on the Web Under his direction, the store replaced the long accounts payable sheets with computers, but even technology could not balance the books. Shari Rudavsky, Indianapolis Star, "Isaiah Kuperstein, Double 8 owner who died of COVID-19, taught at the US Holocaust museum," 13 May 2020 In one of its simplest forms, a business email compromise operator will send an email posing as the chief executive officer to an accounts payable department with an urgent request to transfer funds or fulfill a fake invoice. William Turton, Bloomberg.com, "Your Corporate Email Isn’t as Safe as You Think," 8 May 2020 Sanders later got a job with the company in 1997 and still works there in accounts payable at their Gilbert facility. Douglas C. Towne, azcentral, "The initial spin on Phoenix’s Wagon Wheel Shopping Center," 10 Apr. 2020 Then the next thing to help the restaurants out would be an amnesty of accounts payable and bills. David Marchesephotograph By Mamadi Doumbouya, New York Times, "David Chang isn’t sure the restaurant industry will survive Covid-19.," 27 Mar. 2020 Tesla ended the first quarter with a stretched balance sheet: Cash on hand was $2.2 billion, while accounts payable topped $3.2 billion. Charley Grant, WSJ, "Tesla Needs More Than $2.3 Billion to Recharge Its Battery," 2 May 2019 Herrin began his school career in 2013 as the account payable and chief school business intern at Lincolnshire-Prairie View School District 103. Phil Rockrohr, chicagotribune.com, "Libertyville School District 70 selects Grayslake administrator as next finance director," 8 Nov. 2019 Marilyn worked as an accounts payable clerk for Travelers for over 38 years. courant.com, "Marilyn P. McFarland," 13 Aug. 2019 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. chicagotribune.com, "Calendar: Get a glimpse into the world of storm chasing Thursday in Antioch," 15 Sep. 2019

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'account payable.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of account payable

1812, in the meaning defined above

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Time Traveler for account payable

Time Traveler

The first known use of account payable was in 1812

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Statistics for account payable

Last Updated

23 May 2020

Cite this Entry

“Account payable.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/account%20payable. Accessed 10 Jul. 2020.

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More Definitions for account payable

account payable

noun
account pay·​able | \ -ˈpā-ə-bəl \
plural accounts payable

Legal Definition of account payable

: the balance due to a creditor on a current account

More from Merriam-Webster on account payable

Britannica.com: Encyclopedia article about account payable

Comments on account payable

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