Accounts Payable
Also called: AP, payables, trade creditors
Accounts payable is what you owe suppliers for goods and services already received. It's effectively interest-free financing, which is why stretching payment terms is the cheapest working-capital lever a company has — and why large buyers push terms onto smaller suppliers who can least afford them. Payables spiking relative to purchases can signal genuine cash strain rather than clever treasury management.
Where this is taught
Definitions are the trailer. These free levels turn Accounts Payable into something you play — one bite-size lesson, with worked examples, a quiz and XP.