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 -sset 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, -n-lyses 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).

  • Accountability

    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. contemporary examples it seeks the rule of law and accountability, not the rule of a supreme leader or a divinely-chosen imam. egypt’s president mubarak plays […]


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