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Related to payable: Notes payable, Payable on Death


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.


That which is owed to another party as a debt.
References in periodicals archive ?
19 (five cents, short term and fourteen cents, long term) per share, payable on Jan.
To learn more about 1099 compliance assurance procedures, TAPN and the many resources it offers to accounts payable professionals, visit www.
Accounts payable is the final control point before cash leaves an organization," said Phil Binkow, CEO, TAPN.
If GST becomes payable on or after July 1, 2006, without having been paid before that date, the six per cent GST rate will apply.
2702(b), a qualified interest is (1) one that consists of a right to receive fixed amounts payable not less frequently than annually (a qualified annuity interest); (2) one that consists of a right--payable at least annually--to receive a fixed percentage of the trust corpus's net fair market value, determined annually (a qualified unitrust interest); and (3) a right to receive a non-contingent remainder interest if all the other interests in the trust are qualified annuity or unitrust interests (a qualified remainder interest).
15 (fifteen cents) per share, payable on June 26, 2000, to shareholders of record on June 22, 2000.
An otherwise qualifying adjustment can be limited to a fixed percentage (such as a "cap" of five percent per annum) only if the parties reasonably believe that the percentage will actually limit the amount of the rent payable during less than 50 percent of the lease term.
If a financial instrument obligates one party to deliver cash or other instruments, that party has a liability--a payable in the broadest sense--and the other party has an asset--a receivable.
25 per share was declared on the outstanding 4% Non-Cumulative Preferred stock, payable on April 3, 2007, to shareholders of record at the close of business on March 12, 2007.
Archive Systems, a provider of document process outsourcing (DPO) services, has released ASPEN for Accounts Payable, a newly packaged service for accounts payable invoice processing.
15 (fifteen cents) per share payable on September 27, 1999, to shareholders of record on September 23, 1999.