account payable

1. 1.

   a liability account showing how much is owed for goods and services purchased on credit

   “the problem was to match receivables and payables in the same currency”

   Synonymspayable

   Broaderindebtedness

Questions about account payable

What does account payable mean?

account payable means "a liability account showing how much is owed for goods and services purchased on credit".

What is another word for account payable?

Close synonyms include payable. Each sense on this page lists its own synonyms, because a word with several meanings rarely has one substitute that works for all of them.

Is account payable a common word?

account payable is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.