Accounts Payable
14 definitions

Accounts Payable

“Accounts Payable” means all accounts payable and liabilities, obligations and commitments, regardless of when asserted, billed or imposed, of Seller and its Affiliates.

 

Accounts Payable

Amounts owed by a federal agency for goods and services received from, progress in contract performance made by, and rents due to other entities. This is a proprietary (or financial) accounting term. For balance sheet reporting purposes, according to OMB Circular No. A-11 “accounts payable” consists of the amount owed by the reporting entity for goods and services received from other entities, progress in contract performance made by other entities, and rents due to other entities. 

Accounts Payable

Money a company owes for services and supplies. For example, a record company would list as accounts payable the bill from a wax company that supplied the raw material for making records.

Accounts Payable

Amounts owed by the accounting entity for goods and services received.

Accounts Payable

Accounts Payable refers to the function and part of the accounting system that processes and issues payments to vendors for goods and services received by the state. These payments include both contract and non-contract payments. 

Accounts Payable

Money that Medicaid should pay out.

Accounts Payable

Accounts payable means a liability account to record amounts owed by the fund between incurrence of the liability and preparation of the voucher for payment.

Accounts Payable

Money a company owes to its to suppliers. Accounts payable are a liability of the company.

Accounts Payable
"Accounts payable": Short-term obligations owed by a business to creditors, suppliers and vendors.
Accounts Payable
"Accounts payable": a record of all short-term (less than 12 months) invoices, bills and other liabilities yet to be paid. Examples of accounts payable include invoices for goods or services, bills for utilities and tax payments due.
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About this term

Accounts Payable has been defined 14 different ways in documents like Stock Purchase Agreement, A Glossary of Terms Used in the Federal Budget Process, Glossary of Terms & Acronyms, and 7 more.

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