Definition of payable in English:

payable

Syllabification: pay·a·ble
Pronunciation: /ˈpāəbəl
 
/

adjective

[predic.]
  • 1(Of money) required to be paid; due: interest is payable on the money owing send a check, payable to the ASPCA
    More example sentences
    • The money was payable as a lump sum, quantified in advance, when it could not be foreseen what damages might have to be paid in the event of an accident.
    • As a general rule in English law, there is no need to give notice if a sum of money is payable on a particular day.
    • There is no tax relief on contributions but no tax is payable on receiving the lump sum.
    Synonyms
    due, owed, owing, outstanding, unpaid, overdue, in arrears, delinquent
  • 2Able to be paid: it costs just $195, payable in five monthly installments

noun

(payables) Back to top  
  • Debts owed by a business; liabilities.
    More example sentences
    • Important clues are also certainly found on the liability side, with unusual increases in account payables or increased debt levels.
    • The secretarial, payroll, payables and receivables employees are typically nonexempt.
    • Get back to basics like inventory control, receivables, payables, and cash flow - all of those boring things that people have nearly forgotten about in the new economy.

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