Account payable



a liability to a creditor, carried on open account, usually for purchases of goods and services.
noun
(accounting, US) a current liability account showing amounts payable by a firm to suppliers for purchases of materials, stocks, or services on credit

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  • Account receivable

    a claim against a debtor, carried on open account, usually limited to debts due from the sale of goods and services. noun (accounting, US) a current asset account showing amounts payable to a firm by customers who have made purchases of goods and services on credit

  • Account to

    an oral or written description of particular events or situations; narrative: an account of the meetings; an account of the trip. an explanatory statement of conduct, as to a superior. a statement of reasons, causes, etc., explaining some event. reason; basis: On this account I’m refusing your offer. importance; worth; value; consequence: things of no […]



  • Account representative

    account representative job A person in a company who identifies new accounts, analyses customer needs, proposes business solutions, negotiates and oversees the implementation of new projects. (2004-03-08) Historical Examples For the purposes of this brief summary, I am naturally only taking into account representative centres of population. South America To-day Georges Clemenceau

  • Accountabilities

    the state of being , liable, or answerable. Education. a policy of holding schools and teachers for students’ academic progress by linking such progress with funding for salaries, maintenance, etc. n. 1770, from accountable + -ity. Earlier was accountableness (1660s).



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