What is Accounts Payable: Definition, Process, and Examples Accounts payable can be categorized into trade payables, non-trade payables, and taxes payable Trade payables refer to payments on goods or services, and non-trade payables refer to business expenses that don’t directly affect operations (e g utility bills)
Payables definition — AccountingTools Payables refers to the full range of obligations owed by a business Examples include trade payables, taxes, loans payable, and wages payable
Payable: Definition, Meaning, and Importance Explained Payable primarily refers to any amount of money that a company or individual is obligated to pay to creditors or service providers This can include a variety of financial commitments such as loans, invoices from suppliers, utility bills, and more
payable | Wex | US Law | LII Legal Information Institute “Payable” is a descriptive term denoting a sum of money that may, can, is to be, or should be paid The meaning depends on the context and jurisdiction The term frequently appears in insurance, bills, and bankruptcy proceedings