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Payables |
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Payables Related: Accounts payable Accounts Payable 1. Money owed for a good or service purchased on credit. Accounts payable are a current liability for a company and are expected to be paid within a short amount of time, often 10, 30, or 90 days. 2. A unit within a company's accounting department that deals with accounts payable, managing credit lines, purchase orders, and audit reports. Payable 1. An outstanding debt. A debt that one must pay to a creditor. 2. A current liability. Any debt that a company must pay within a year. 3. Accounts payable. Money owed for a good or service purchased on credit. Accounts payable are a current liability for a company and are expected to be paid within a short amount of time, often 10, 30, or 90 days. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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