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

Phrases with payable

  • the money owed by a company to its suppliers or creditors


    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


    The check is payable to the order of John Smith.

  • a financial instrument that must be paid immediately upon request


    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.

How do native speakers use this expression?