What means trade payable

24 Sep 2019 Trade payables constitute the money a company owes its vendors for inventory- related goods, such as business supplies or materials that are  The amount that customers owe for their purchasers to sellers or suppliers. Can also be referred to as accounts payable. POPULAR TERMS  Payables arising from the purchase of merchandise inventory and outside services. See accounts payable. Related Q&A. What is a trade discount? Is the deposit  It is the total amount payable by a business for goods purchased or services availed as a part of their business operations. Trade payables comprise of Creditors 

Definition of trade payables: The amount that customers owe for their purchasers to sellers or suppliers. Can also be referred to as accounts payable.

This article describes the important difference between bad debt (money owned to a lender which could lead to a bankruptcy) and good debt (trade payables  A trade payable is an amount billed to a company by its suppliers for goods delivered to or services consumed by the company in the ordinary course of business. These billed amounts, if paid on credit, are entered in the accounts payable module of a company's accounting software, after which they appear in Define Trade Payables. means, with respect to any Person, any accounts payable or any other indebtedness or monetary obligation to trade creditors created, assumed or Guaranteed by such Person or any of its Subsidiaries arising in the ordinary course of business in connection with the acquisition of goods or services. Definition of trade payables: The amount that customers owe for their purchasers to sellers or suppliers. Can also be referred to as accounts payable. Trade Payables It is the total amount payable by a business for goods purchased or services availed as a part of their business operations. Trade payables comprise of Creditors and Bills Payables.

A trade payable is another term referred to as an account payable. Most companies have an accounts payable department responsible for making sure money is paid to other parties that the company

Trade payables can be simply defined as debts owed by a business to its suppliers or vendors. Terms of Trade Payables. Most of the time, repayments of trade