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Accounts Payable
Created Feb 27, 2020 (14:47)
by Erika Solovjova
Definition
The amount of money a company owes creditors (suppliers、 etc.) in return for goods and/or services they have delivered. Also a name of a department where all vendor related documents are sorted、 processed and payment is ordered.
Abbreviation(s)
AP
Label(s)
Accounts Receivable
Created Feb 27, 2020 (14:47)
by Erika Solovjova
Definition
The amount of money owed by customers or clients to a business after goods or services have been delivered and/or used.
Abbreviation(s)
AR
Label(s)
Acknowledgement
Created Feb 27, 2020 (14:47)
by Erika Solovjova
Definition
Acceptance of the truth or existence of something.
Abbreviation(s)
ACK
Label(s)
American Express
Created Feb 27, 2020 (14:47)
by Erika Solovjova
Definition
An American multinational financial services corporation
