Definition of payable in English:

payable

adjective

  • 1(of money) required to be paid; due.

    ‘interest is payable on the money owing’
    ‘send a check, payable to the ASPCA’
    • ‘And the manager's fees are payable in advance, is that right?’
    • ‘As a result, no annual membership renewal fees are payable.’
    • ‘Also, would we have to file a tax return in France even if tax is not payable?’
    • ‘As a general rule in English law, there is no need to give notice if a sum of money is payable on a particular day.’
    • ‘If Gus closes or sells the business or subleases the space to another business, the loan is due and payable in full.’
    • ‘There is no tax relief on contributions but no tax is payable on receiving the lump sum.’
    • ‘If the claim is not accepted by the company's panel of solicitors, no fee is payable.’
    • ‘It is common ground that under the written agreement in draft and as executed, rent was payable, by implication of law, annually in arrear.’
    • ‘Before January 1 this year tax was payable annually on income and gains earned in the fund at the standard rate of income tax.’
    • ‘The classes will cost E25 and this fee is payable on registration.’
    • ‘In either case, an additional lump sum is also payable.’
    • ‘As well as that, the advance premium is payable at the rate of 60%.’
    • ‘The money was payable as a lump sum, quantified in advance, when it could not be foreseen what damages might have to be paid in the event of an accident.’
    • ‘A pension lump sum is payable to the estate, and therefore can be paid to a cohabitee named in the deceased's will.’
    • ‘Classes will be held for three months and sessions are €9 per child - fees are payable at the beginning of each month.’
    • ‘Interest payments are payable to the bondholders each year in March, June, September and December.’
    • ‘Half of the contractual price was payable upon signing the sale contract, with the remainder due within the ensuing 20 days.’
    • ‘Make your check payable to the charity, not the person taking up the collection.’
    • ‘My understanding is that all these taxes are payable when I sell the fund.’
    • ‘No gift or inheritance tax is payable between spouses.’
    due, to be paid, owed, owing
    outstanding, unpaid, unsettled, receivable, overdue, undischarged, in arrears, in the red
    delinquent, past due
    View synonyms
  • 2Able to be paid.

    ‘it costs just $195, payable in five monthly installments’

noun

  • Debts owed by a business; liabilities.

    • ‘You also need to know on a daily basis what's happening with inventories, sales contacts, invoicing, payables, receivables, collections and correspondence.’
    • ‘Current liabilities fell 6 percent, due to decreasing amounts of short-term debt along with other accrued payables.’
    • ‘Compliance involves examining a set of key accounts including payroll, financial reporting, purchasing, payables and billing.’
    • ‘The accounting system was thus primarily focused on the need to keep track of payables and receivables, including exchanges between third parties.’
    • ‘He booked big receivables from customers who, strangely, didn't book matching payables.’
    • ‘Get back to basics like inventory control, receivables, payables, and cash flow - all of those boring things that people have nearly forgotten about in the new economy.’
    • ‘We were paying yesterday's bills with next week's income, and holding off payables as long as possible.’
    • ‘If you minimize your working capital - that is, the amount tied up in receivables, payables, and inventory - you maximize your cash flow.’
    • ‘Important clues are also certainly found on the liability side, with unusual increases in account payables or increased debt levels.’
    • ‘Cash in the bank fell from $2.4 million to $1.6 million over the year but current payables leapt from $582,000 to $2 million.’
    • ‘It covers everything from payables to receivables to inventory to revenue to everything else on the P&L side.’
    • ‘Companies that trade outside the eurozone hedge their payables and receivables through the forward foreign exchange markets.’
    • ‘Another selling point is the company's current $310,000 in accounts receivable (with payables of about $130,000).’
    • ‘The secretarial, payroll, payables and receivables employees are typically nonexempt.’
    • ‘Monitoring slow-paying accounts and adopting timely billing practices are just two ways you can help unclog your payables.’
    • ‘Total funds owed to members included member payables and other liabilities owed to patrons.’
    • ‘Improving cash flow involves many techniques, the simplest of which is managing payables / receivables.’
    • ‘If your customer and supplier contact details were suddenly gone and all record of your payables and receivables was lost, it could put you out of business.’
    • ‘Ella, who started in the stores department moved through the ranks as a cost controller, payables clerk and general accountant.’
    • ‘The payment is equal to the market value, which is lower than the income tax payable on the share option gain.’

Pronunciation:

payable

/ˈpāəb(ə)l/