Description

Accounts payable refers to the amount of money a company owes to its suppliers for goods and services received but not yet paid for. It is a crucial aspect of a company's financial management and cash flow.

Interpreter Notes

Interpreters should be aware that 'cuentas por pagar' is the standard term used in formal financial contexts. Be cautious of colloquial terms that may arise in conversation, such as 'deudas' which can imply a broader meaning. It is important to maintain a formal register when interpreting this term.

Example Sentences

EN: The company's accounts payable increased significantly due to recent purchases.

ES: Las cuentas por pagar de la empresa aumentaron significativamente debido a compras recientes.

Common Interpreter Mistakes

Confusing 'cuentas por pagar' with 'deudas'; misinterpreting the term as a broader financial obligation; using informal language instead of formal terminology.