Share this entry

Share this page

payable

Line breaks: pay|able
Pronunciation: /ˈpeɪəb(ə)l
 
/

Definition of payable in English:

adjective

[predicative]
1(Of money) required to be paid; due: interest is payable on the money owing
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, to be paid, owed, owing;
North American delinquent, past due
2Able to be paid: it costs just $195, payable in five monthly instalments

noun

(payables) Back to top  
Debts owed by a business; liabilities: accounts payable (excluding customer refunds and construction payables)
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.

Words that rhyme with payable

sayable

Definition of payable in:

Share this entry

Share this page

 

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources

Word of the day terpsichorean
Pronunciation: ˌtəːpsɪkəˈriːən
adjective
relating to dancing