Formal and Informal Expressions of payable

In different contexts, you can replace 'payable' with suitable alternatives. In a more formal setting, 'collectible, outstanding' is apt. In informal speech or writing, 'owed, due' is a commonplace synonym.

payable: Explore its Definition & Usage

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

Antonyms for payable

Phrases with payable

accounts payable
the money owed by a company to its suppliers or creditors
Example
The accounts payable department is responsible for managing the company's outstanding debts.
payable to the order of
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.
payable on demand
a financial instrument that must be paid immediately upon request
Example
The bank issued a payable on demand check to the account holder.

Origins of payable

from Old French 'paier', meaning 'to pay'

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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.