Power companies procure supplies and repair equipment mainly from external funding sources, hence, they have large sums of bills payable due to received loans, borrowings, grants of international donors and budget subsidies, she said.
What does BP stand for?
BP stands for Bills Payable
This definition appears frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of BP
We have 92 other meanings of BP in our Acronym Attic
- Beyond Pesticides
- Beyond Petroleum (formerly British Petroleum)
- Bharat Petroleum
- Big Planet (national ISP)
- Big Pun (rapper)
- Bill of Particulars
- Bill Period
- Billing Percentage
- Billpoint (payment method)
Samples in periodicals archive:
In this case, since liabilities such as accounts and bills payable accrue until settlement, the purchasing firm temporarily borrows the goods and services from the supplier.
Nightmarish phantasms of seven-figure bills payable for the whole thing the dance like malignant dervishes in your febrile brain.
The Department of Energy (DoE) has already started probing the P471-billion debt recovery bid of the Power Sector Assets and Liabilities Management Corporation (PSALM) which translates to passing on to all electricity consumers its debt via the universal charge component in the power bills payable in 17 years.
Final tax rates are expected to be set by the Cityh Council within the next few weeks for tax bills payable July 1st.