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accounts payable |
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accounts payable n. bills that are owed. (See: debt) |
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? References in periodicals archive |
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Cash flow locked in credit, receivables and payables can be freed up by using a recipe of business process improvements, specialized technology and effective change management. In his new position, Balint will be responsible for all rental collections and payables. In the analogous corporate situation, nonrecognition treatment for a contribution of zero-basis receivables may be conditioned on a business purpose for the transaction (such as a change in the form of conducting a business), a requirement that payables be transferred along with the receivables and no other evidence of tax avoidance (such as an accumulation of receivables or prepayment of payables). |
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