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liability vs account payable

account payable vs liability

liability and account payable both are nouns.

Word NounAdjectiveVerbAdverb
liability Yes No No No
account payable Yes No No No
As nouns, account payable is a hyponym of liability; that is, account payable is a word with a more specific, narrower meaning than liability:
  • liability: an obligation to pay money to another party
  • account payable: a liability account showing how much is owed for goods and services purchased on credit
Other hyponyms of liability include limited liability, debt, arrears, payable, scot and lot.
liability (noun) account payable (noun)
the quality of being something that holds you back a liability account showing how much is owed for goods and services purchased on credit
an obligation to pay money to another party
the state of being legally obliged and responsible
Difference between liability and account payable

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