Payable
volume
British pronunciation/pˈe‍ɪəbə‍l/
American pronunciation/ˈpeɪəbəɫ/

Definition & Meaning of "payable"

payable
01

(of money) due to be paid

Payable
01

a liability account showing how much is owed for goods and services purchased on credit

example
Example
examples
Annual interest on the loan becomes payable at the start of each year.
The monthly rent is payable by the first day of each month.
Payment for the invoice is payable within 30 days after issuance.
According to the agreement, the tax amount is payable at the end of the fiscal year.
To confirm the reservation, a deposit is payable at the time of booking.
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