TRADE PAYABLE Definition

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TRADE PAYABLE, also known as an account payable, is an amount owed to a creditor for goods and services received.

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DEDICATED PORTFOLIO, in securities, is a portfolio where the cash flow from assets is matched in timing and amount to known liabilities.

SHAREHOLDERS EQUITY is total assets minus total liabilities. It is the same as EQUITY, NET WORTH and stockholder's equity.

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