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Financial Terms | |
Payable through drafts |
Information about financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit.
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Definition of Payable through draftsPayable through draftsA method of making payment that is used to maintain control over payments made
Related Terms:Accounts payableMoney owed to suppliers. ACCOUNTS PAYABLEAmounts a company owes to creditors. Accounts payableAmounts owed by the company for goods and services that have been received, but have not yet been paid for. Usually Accounts payable involves the receipt of an invoice from the company providing the services or goods. accounts payableShort-term, non-interest-bearing liabilities of a business Accounts payableAcurrent liability on the balance sheet, representing short-term obligations Accounts PayableAmounts due to vendors for purchases on open account, that is, not evidenced Accounts Payable Days (A/P Days)The number of days it would take to pay the ending balance ![]() Accrued expenses payableExpenses that have to be recorded in order for the financial statements to be accurate. Accrued expenses usually do not involve the receipt of an invoice from the company providing the goods or services. accrued expenses payableThe account that records the short-term, noninterest- Agency pass-throughsMortgage pass-through securities whose principal and interest payments are Bonds payableAmounts owed by the company that have been formalized by a legal document called a bond. Conventional pass-throughsAlso called private-label pass-throughs, any mortgage pass-through security not Flow-through basisAn account for the investment credit to show all income statement benefits of the credit Flow-through methodThe practice of reporting to shareholders using straight-line depreciation and Fully modified pass-throughsAgency pass-throughs that guarantee the timely payment of both interest and Interest payableThe amount of interest that is owed but has not been paid at the end of a period. ![]() Loans payableAmounts that have been loaned to the company and that it still owes. Modified pass-throughsAgency pass-throughs that guarantee (1) timely interest payments and (2) principal Mortgage pass-through securityAlso called a passthrough, a security created when one or more mortgage Notes payableAmounts owed by the company that have been formalized by a legal document called a note. Pass-through coupon rateThe interest rate paid on a securitized pool of assets, which is less than the rate Pass-through rateThe net interest rate passed through to investors after deducting servicing, management, Pass-through securitiesA pool of fixed-income securities backed by a package of assets (i.e. mortgages) PayablesRelated: Accounts payable. Payroll taxes payableThe amount of payroll taxes owed to the various governments at the end of a period. Private-label pass-throughsRelated: Conventional pass-throughs. Salaries payableSalaries that are owed but have not been paid at the end of a period. ![]() throughputthe total completed and sold output of a plant during a period Throughput agreementAn agreement to put a specified amount of product per period through a particular Throughput contributionSales revenue less the cost of materials. Related to : financial, finance, business, accounting, payroll, inventory, investment, money, inventory control, stock trading, financial advisor, tax advisor, credit. |