accounts payable Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “accounts payable” in the English Dictionary

"accounts payable" in Business English

See all translations

accounts payablenoun

uk   us  
[plural] (also UK creditors, also US payables) ACCOUNTING the ​amounts in a company's ​accounts that show ​money that it ​owes, for ​example to suppliers (= ​companies that have ​sold them things): Accounts ​payable were $676 million ​lower as of the middle of this ​year compared to a ​year ago.
See also
[U] WORKPLACE the ​department in a ​companyresponsible for ​payingmoney that it ​owes, for ​example to suppliers (= ​companies that have ​sold them things): He was ​promoted to a better-paying ​job in ​accountspayable after taking ​computerclasses. an accountspayablemanager/​clerk the accountspayabledepartment
(Definition of accounts payable from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of accounts payable?
Add Cambridge dictionaries to your browser to your website

“accounts payable” in Business English

Word of the Day

float

a large vehicle with a flat surface that is decorated and used in festivals

Word of the Day

PLEASE DON’T SHOUT!
PLEASE DON’T SHOUT!
by Colin McIntosh,
February 09, 2016
New words are entering the language all the time. A few of these are completely new and original coinages, but the vast majority are based on the existing stock of words in some way, for example by using affixes (prefixes and suffixes). These can have the effect of changing the meaning of the

Read More 

farecasting noun
farecasting noun
February 08, 2016
predicting the optimum date to buy a plane ticket, especially on a website or using an app A handful of new and updated websites and apps are trying to perfect the art of what’s known as farecasting – predicting the best date to buy a ticket.

Read More