Payable - Meaning, Definition & English Examples
Payable means an amount of money that is due to be paid, often by a specific date. It is commonly used in accounting and finance to describe debts or obligations.
Definition:
Due to be paid, especially as a debt or obligation.
Synonyms:
owed, due, outstanding, unpaid
Part of Speech:
adjective
Antonyms:
paid, settled, cleared
Common Collocations:
accounts payable, payable on demand, payable immediately, payable at maturity
Derivatives:
payability, payableness
Usage Tips:
Use "payable" to describe debts or obligations due by a certain date or condition.
Common Phrases:
payable on receipt, payable in advance, payable at sight
Etymology:
From Old French 'paier,' meaning "to pay," combined with '-able,' indicating capability or obligation.
Examples:
- 1. The invoice is payable within 30 days.
- 2. Rent is payable on the first of each month.
- 3. The bill becomes payable upon delivery of the goods.
- 4. Interest is payable quarterly to investors.