accounts payable (ap)
31payable — ready to be paid. Glossary of Business Terms * * * payable pay‧a‧ble [ˈpeɪəbl] adjective [not before a noun] 1. ACCOUNTING a bill, debt etc that is payable must be paid, often by a certain date: • Shareholders will receive a final dividend of… …
32accounts — n. books 1) to keep accounts record of transactions 2) accounts payable; receivable differences 3) to settle, square accounts * * * square accounts accounts receivable ( books ) to keep accounts [ differences ] to settle accounts [ record of… …
33payable — payability, payableness, n. payably, adv. /pay euh beuhl/, adj. 1. to be paid; due: a loan payable in 30 days. 2. capable of being or liable to be paid. 3. profitable. 4. Law. imposing an immediate obligation on the debtor. n. 5. an amount, bill …
34payable — pay•a•ble [[t]ˈpeɪ ə bəl[/t]] adj. 1) to be paid; due: a loan payable in 30 days[/ex] 2) capable of being or liable to be paid 3) profitable 4) cvb a bill that is to be paid 5) cvb payables, accounts payable • Etymology: 1400–50 …
35Accounts Receivable - AR — Money owed by customers (individuals or corporations) to another entity in exchange for goods or services that have been delivered or used, but not yet paid for. Receivables usually come in the form of operating lines of credit and are usually… …
36payable-on-death designation — A way to avoid probate for bank accounts, government bonds, securities, individual retirement accounts, and, in some states, real estate or cars. To create a pay on death designation, you simply name someone on the ownership document (such as the …
37accounts — A category of personal property defined by Article 9 of the UCC. Under the pre 2000 version of Article 9, an account is a right to receive payment for goods sold or leased, or for services rendered, where these rights are not evidenced by an… …
38Payable-through account — A payable through account (PTA) is a demand deposit account through which banking agencies located in the United States extend cheque writing privileges to the customers of other institutions, often foreign banks.PTA accounts are a concern to… …
39Payable On Death - POD — An arrangement between a bank or credit union and a client that designates beneficiaries to receive all the client s assets. The immediate transfer of assets is triggered by the death of the client. Also referred to as a totten trust. POD… …
40Chart of accounts — Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · Cash flow management · Chart of accounts  …
