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accounts payable
(redirected from Due and owing)

    Also found in: Legal, Wikipedia 0.04 sec.
Accounts payable
Money owed to suppliers.
accounts payable
Money a business owes to others. Accounts payable are current liabilities incurred in the normal course of business as a firm purchases goods or services with the understanding that payment is due at a later date. If a firm pays cash for all of its purchases, no accounts payable will appear on that firm's balance sheet.
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56 - for the month of December which is due and owing on Dec.
GERALDINE'S TOO RICH, YET TOO POOR by Daily News (Los Angeles, CA)
In determining if a particular property or right to property under a bequest was subject to levy for Federal taxes due and owing by a recipient beneficiary, state law establishes the nature of the beneficiary's property rights.
State law disclaimers: always effective for federal tax purposes? by Moore, Philip E. / The Tax Adviser
The landlord should make sure the letter of credit is as simple as possible, providing that the landlord may draw down funds solely on its statement that the funds are due and owing.
Tenant-financed shopping centers on the rise by Tolchinsky, Harold N. / Real Estate Weekly
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