Payable - definition, pronunciation, transcription
Amer.
|ˈpeɪəbl|
Brit.
|ˈpeɪəb(ə)l|
noun
- a liability account showing how much is owed for goods and services purchased on credit
the problem was to match receivables and payables in the same currency
adjective
- subject to or requiring payment especially as specified
a note payable on demand
a check payable to John Doe
a check payable to John Doe
Extra examples
She charges her patients $3,000, payable in installments.
...keep the bills payable separate from the receipts...
Tax is payable on the interest.
State pensions become payable to women at age 60.
The rent is payable in advance.
The mortgage is payable in monthly instalments.
Cheques should be made payable to the National Trust.
The rent is payable quarterly.
A deposit is payable on arrival (=when you arrive).
The check was marked “payable to bearer.”
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