| / English Dictionary |
ACCOUNT PAYABLE
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
A liability account showing how much is owed for goods and services purchased on credit
Example:
the problem was to match receivables and payables in the same currency
Synonyms:
account payable; payable
Classified under:
Nouns denoting stable states of affairs
Hypernyms ("account payable" is a kind of...):
financial obligation; indebtedness; liability (an obligation to pay money to another party)
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