Bills Payable


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Bills Payable

1. Debt that a bank must pay to another bank, often but not always the central bank of the country in which it operates.

2. More generally, any bill of exchange, trade acceptance or similar obligation a company must pay on or by a certain date. See also: Accounts payable.
References in periodicals archive ?
It hurried up house rent, bills payable, and such things, in such a ruinous way that I could not abide it.
As of June 30, 2015, short-term debt and bills payable were $57.
Vodafone have completed arrangements with Doha for making Vodafone bills payable through the bank s ATMs.