An expense that has been incurred but not yet paid. ( Creditor)

Creditor. Basic credit.

a liability account showing how much is owed for goods and services purchased on credit

A liability created by a purchase made on credit.

an amount owing to creditors. It represents a liability for purchases, interest charges, etc.

Amount owed to a creditor for delivered goods or completed services.

An amount owed to a supplier for good or services purchased on credit; payment is due within a short time period, usually 30 days or less.