1. a liability account showing how much is owed for goods and services purchased on credit; - Example: "the problem was to match receivables and payables in the same currency" [syn: account payable, payable]
WordNet (r) 3.0 (2006):
account payable
n 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" [syn:
account payable, payable]