account payable

noun

plural accounts payable
: the balance due to a creditor on a current account

Examples of account payable in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Vendors will also be anticipating some change in how Saks handles its accounts payable. David Moin, WWD, 26 Dec. 2024 The big picture: This is not QED's first time in the accounts payable/receivable space. Lucinda Shen, Axios, 3 Dec. 2024 Companies like UiPath have helped firms such as Deloitte automate invoicing and expense tracking, cutting jobs in accounts payable departments while encouraging remaining staff to upskill in areas like process design. Jack Kelly, Forbes, 2 Mar. 2025 The company's liabilities include accounts payable and accrued expenses totaling $4.6 million, lot sale obligations of $451,550, and convertible debt obligations of $1.6 million. Quartz Intelligence Newsroom, Quartz, 12 Feb. 2025 See All Example Sentences for account payable

Word History

First Known Use

1812, in the meaning defined above

Time Traveler
The first known use of account payable was in 1812

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Cite this Entry

“Account payable.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/account%20payable. Accessed 31 Mar. 2025.

Legal Definition

account payable

noun
account pay·​able
-ˈpā-ə-bəl
plural accounts payable
: the balance due to a creditor on a current account

More from Merriam-Webster on account payable

Last Updated: - Updated example sentences
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