account payable

noun

plural accounts payable
: the balance due to a creditor on a current account

Examples of account payable in a Sentence

Recent Examples on the Web Many of the checks were cut from Donald Trump's personal bank account and therefore required his signature, according to Deborah Tarasoff, who is the Trump Organization's accounts payable supervisor. Bart Jansen, USA TODAY, 7 May 2024 Deborah Tarasoff, the accounts payable supervisor at the Trump Organization. Ximena Bustillo, NPR, 7 May 2024 The facility’s most-recent financial update states Tri-City had nearly $100 million in accounts payable, a figure that has caused some creditors to sue, seeking to get past invoices paid. Paul Sisson, San Diego Union-Tribune, 1 May 2024 The hospital’s balance sheet lists $97 million in accounts payable, a number that is said to have reached $90 million as of June 30, 2023, nearly one year ago. Paul Sisson, San Diego Union-Tribune, 21 Apr. 2024 This is helpful for repetitive tasks associated with invoicing, order tracking, credit collections or reconciliations—freeing accounts receivable and accounts payable personnel to focus on more important, strategic initiatives. Mark Schwartz, Forbes, 21 Feb. 2024 Bautista, who lives in Temecula, Calif., was hired at Watkins as an accounts payable employee. Kinsey Crowley, Fortune, 25 Apr. 2023 Companies haven’t typically needed to disclose supply-chain financing arrangements, often recording the transactions as accounts payable in their financial statements. Jennifer Williams-Alvarez, WSJ, 9 Mar. 2023 The platform aims to help companies eliminate the need for manual account payable and accounts receivable processes. Gene Marks, Forbes, 1 May 2022

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'account payable.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1812, in the meaning defined above

Time Traveler
The first known use of account payable was in 1812

Dictionary Entries Near account payable

Cite this Entry

“Account payable.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/account%20payable. Accessed 11 May. 2024.

Legal Definition

account payable

noun
account pay·​able
-ˈpā-ə-bəl
plural accounts payable
: the balance due to a creditor on a current account

More from Merriam-Webster on account payable

Last Updated: - Updated example sentences
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