trade payables

Definition |


Liabilities owed to suppliers for purchases or services rendered. More commonly referred to as accounts payable.

Use trade payables in a sentence

You should try to make sure that you know of any trade payables you have and use them as best you can.

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There were a lot of trade payables and we were all very happy with it and knew that we had to make some changes though.

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Peter was a nervous wreck because the company's coffers had run dry, yet a long list of trade payables still existed and those suppliers were clamoring for payment.

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