Word Pronunciation & Dictionary

account payable

Word Rarity Rare

Frequency: 3.49 in modern English

Syllables: ac-coun-t -payable
IPA

25

Scrabble Score

14

Letters

4

Syllables

11

Unique Chars

Meaning

noun

A balance due to a creditor on a current account.

Example Sentences

"Until that time, the amount is held as an account payable and added to the current liabilities of your business. When an outstanding expense is paid, the payment amount is subtracted from a cash account and removed from the accounts payable."
"If a company, for example, purchases $500 in raw materials from its supplier on credit, the company incurs a $500 account payable."
"After delivery, sellers issue an invoice, recorded as an account receivable by the seller and an account payable by the buyer."

Inflected Forms

accounts payable (plural)

Frequently Paired Words

account receivable

Synonyms

AP payable

Questions

What does account payable mean?: A balance due to a creditor on a current account.

How to pronounce account payable

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