noun
a liability account in a general ledger representing the company's obligation to pay suppliers or vendors for goods or services purchased on credit
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The accounts payable department is responsible for managing the company's outstanding invoices.
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I need to check with accounts payable to see if my expense report has been processed yet.
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I heard accounts payable is swamped with work this week.
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In the grand scheme of things, keeping track of accounts payable is like balancing a never-ending stack of plates.