payable
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British pronunciation
/pˈe‍ɪəbə‍l/

Definition & Meaning of "payable"

payable
01

(of money) due to be paid

example
Example
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The monthly rent is payable by the first day of each month.
Annual interest on the loan becomes payable at the start of each year.
Payable
01

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

Word Family

pay

Noun

payable

Adjective

repayable

Adjective

repayable

Adjective
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