account payable
noun, plural accounts payable.
a liability to a creditor, carried on open account, usually for purchases of goods and services.
Origin of account payable
First recorded in 1935–40
Words nearby account payable
account book,
account current,
account day,
account executive,
account for,
account payable,
account receivable,
accountability,
accountable,
accountancy,
accountant
British Dictionary definitions for account payable
account payable
noun
accounting, US
a current liability account showing amounts payable by a firm to suppliers for purchases of materials, stocks, or services on credit