Definition of "payables" [payables]

• Debts and liabilities owed by a business (noun)

Wiktionary.org : Text is available under the Creative Commons Attribution-ShareAlike License

• "In the governmental funds, where most municipal accounting occurs, daily accounting activity is in the areas of revenue, expenditures, cash, cash receipts, cash disbursements, short-term payables, and short-term receivables."
• "This account includes accruals and payables to related entities, and does not include advances from related entities or current portion of long term payables unless in the nature of trade."
• "If you look at our sort of trade working capital, which is -- we define as payables, receivables and inventory, with these declines are 7. 7\% of sales versus"