: the balance due to a creditor on a current account
Examples of account payable in a Sentence
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For instance, in accounts payable, bots now ingest and reconcile invoices, while finance staff step in only for anomalies or policy exceptions—freeing up time for vendor negotiations and strategic planning.—Dutt Kalluri, Forbes.com, 7 Aug. 2025 Your accounts receivable is considered an asset and is the opposite of accounts payable.—Mia Taylor, CNBC, 11 June 2025 Also indicted was Paul Jin Sen Khor, 45, who worked as Sovereign’s cash management and accounts payable supervisor.—Teri Sforza, Oc Register, 4 June 2025 The company has been utilizing funds to pay existing accounts payable and for due diligence on prospective initial Business Combination candidates.—Quartz Bot, Quartz, 14 Nov. 2024 See All Example Sentences for account payable
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