payable Definition
- 1able to be paid; due
- 2requiring payment to be made
- 3legally enforceable
Using payable: Examples
Take a moment to familiarize yourself with how "payable" can be used in various situations through the following examples!
Example
The invoice is payable within 30 days.
Example
The rent is payable on the first of each month.
Example
The company has a large amount of payable debt.
Example
The bonus is payable upon completion of the project.
payable Synonyms and Antonyms
Synonyms for payable
Phrases with payable
Example
The accounts payable department is responsible for managing the company's outstanding debts.
a check or other financial instrument that can only be paid to the person or organization named on it
Example
The check is payable to the order of John Smith.
Example
The bank issued a payable on demand check to the account holder.
Origins of payable
from Old French 'paier', meaning 'to pay'
Summary: payable in Brief
'Payable' [ˈpeɪəbl] means something that can be paid or is due, such as an invoice or rent. It can also refer to debts or obligations that are legally enforceable, as in 'The company has a large amount of payable debt.' Common phrases include 'accounts payable,' referring to a company's outstanding debts, and 'payable to the order of,' indicating a financial instrument that can only be paid to a specific person or organization.