AP Business & Finance Abbreviation

Accounts Payable

Accounts payable are those accounts wherein the business has an obligation to pay for receiving goods or services. They are classified as a liability.

Advance Payment

Active Page

Air One

As Purchased

Allocation Pointer

Agreement to purchase

APPRENTICE

A minor who has been bound by indentures to serve a shipowner for a specified period usually three or four years in return for instruction in the duties of a deck officer, together with food, accommodation, and such money payments as may be agreed Terms of apprenticeship are governed by Merchant Shipping Acts.

Analysis Package