'Payable' definitions:
Definition of 'payable'
From: WordNet
adjective
Subject to or requiring payment especially as specified; "a collectible bill"; "a note payable on demand"; "a check payable to John Doe" [syn: collectible, collectable, payable]
noun
A liability account showing how much is owed for goods and services purchased on credit; "the problem was to match receivables and payables in the same currency" [syn: account payable, payable]
Definition of 'Payable'
From: GCIDE
- Payable \Pay"a*ble\, a. [Cf. F. payable. Cf. Pacable.]
- 1. That may, can, or should be paid; suitable to be paid; justly due. --Drayton. [1913 Webster]
- Thanks are a tribute payable by the poorest. --South. [1913 Webster]
- 2. (Law) (a) That may be discharged or settled by delivery of value. (b) Matured; now due. [1913 Webster]