Definition of payability in English:

payability

noun

  • 1Ability or willingness to pay; (also of a debt, sum of money, etc.) the quality of having to be paid.

  • 2Mining. Of a mine or mining area: the capacity to be worked profitably.

  • 3More generally: the quality of being profitable or remunerative.

Origin

Early 19th century; earliest use found in Blackwood's Magazine. From payable + -ity: see -bility.

Pronunciation

payability

/ˌpeɪəˈbɪlɪti/