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.
The liabilities include accounts payable to related parties, a director loan, and a note payable. Quartz Bot, Quartz, 10 Dec. 2024 There is command over cash, accounts receivable and accounts payable. Ryan Weissmueller, Forbes, 26 Nov. 2024 The company reported $340 million in cash provided by operating activities, with a significant portion used to reduce accounts payable and increase accounts receivable. Quartz Bot, Quartz, 27 Nov. 2024 For example, think of how accounts payable invoice automation vendors like Basware, Coupa, and Esker are rapidly expanding into B2B payments and pursuing acquisitions. Forrester, Forbes, 26 Nov. 2024 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

Dictionary Entries Near account payable

Cite this Entry

“Account payable.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/account%20payable. Accessed 23 Dec. 2024.

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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