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 Such property can include accounts payable, payroll, checking/savings accounts, gift cards/rebates, utility deposits, stocks/dividends and virtual currencies—just to name a few. Jon D'amato, Forbes, 13 Sep. 2024 Additionally, accounts payable automation can issue automatic payments and match purchase orders, while billing and invoicing management with automation can simplify time-consuming billing processes. Shagun Malhotra, Forbes, 5 Sep. 2024 Each does have its own liabilities, such as accounts payable and debt servicing that make available cash lower. Stats Perform, owned by private equity firm Vista Equity Partners, could also be in play. Brendan Coffey, Sportico.com, 14 Aug. 2024 Some of these individuals, including a junior bookkeeper for the Trump Organization and the head of the company’s accounts payable department, work in Trump Tower to this day. Andrea Bernstein, ProPublica, 5 June 2024 See all Example Sentences for account payable 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'account payable.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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 22 Sep. 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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