payable

American  

[pey-uh-buhl] / ˈpeɪ ə bəl /

adjective

1. to be paid; due.

   a loan payable in 30 days.

2. capable of being or liable to be paid.

3. profitable.

4. Law.  imposing an immediate obligation on the debtor.

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noun

1. an amount, bill, etc., that is to be paid.

2. payables, the accounts payable of a business.

   Payables are now handled by our computer.

payable British  

/ ˈpeɪəbəl /

adjective

1. (often foll by on) to be paid

   payable on the third of each month

2. that is capable of being paid

3. capable of being profitable

4. (of a debt) imposing an obligation on the debtor to pay, esp at once

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Other Word Forms

• payability noun
• payableness noun
• payably adverb
• unpayable adjective
• unpayably adverb

Etymology

Origin of payable

late Middle English word dating back to 1400–50; pay ¹, -able

Example Sentences

Goldman said the deal consideration was payable in a combination of cash and equity, subject to reaching certain performance goals.

From The Wall Street Journal

"What it means to a small little family company like ours is that our actual payable rates is going to be going up by some 27%," he said.

From BBC

This is payable for five years from the second time the vehicle is taxed.

From BBC

The corporation is funded in Britain by a licence fee payable by anyone who watches live television.

From Barron's

The company’s cash including equivalents ended September at $358 billion, after accounting for a payable for purchasing some of the short-term government debt, up from $344 billion at the end of June.

From The Wall Street Journal

Related Words

• outstanding
• owed
• unpaid