A/R Finance & Factoring Terms GLossary
Definition ofAccounts Payable (A/P)
Accounts Payable is the money that is owed to a company’s creditors. An example would be when a company buys goods from a supplier on open terms. That company owes the supplier payment for these goods. Accounts payable represents the money that is owed to the supplier and is a Current Liability on the Balance Sheet.
Audio Definition/Pronunciation
OTHER TERMS BEGINNING WITH "A"
- A/P or Accounts Payable Aging
- Account Debtor
- Accounts Payable Financing
- Accounts Receivable (A/R)
- A/R or Accounts Receivable Aging
- Accounts Receivable Financing
- Accounts Receivable Verification
- Accrual vs Cash Basis Accounting
- After Action Review (AAR)
- Aging Report
- Ask Paragon Financial
- Asset Based Lending (ABL)
- Assignee
- Automated Clearing House (ACH) & ACH Loans
- Articles of Incorporation
