Definitions

from The American Heritage® Dictionary of the English Language, 4th Edition

  • adj. Requiring payment on a certain date; due.
  • adj. Requiring payment to a particular person or entity.
  • adj. Capable of producing profit: a payable business venture.
  • n. Money owed to a creditor. Often used in the plural: tried to balance inventory, payables, and receivables.

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • n. Debts owed by a business; liabilities.
  • n. A thing that may be paid.
  • adj. That which is to be paid.
  • adj. Able to be paid.
  • adj. Of a mine etc.: capable of yielding profit; profitable.

from the GNU version of the Collaborative International Dictionary of English

  • adj. That may, can, or should be paid; suitable to be paid; justly due.
  • adj.
  • adj. That may be discharged or settled by delivery of value.
  • adj. Matured; now due.

from The Century Dictionary and Cyclopedia

  • That can be paid, or is to be paid; capable of being paid.
  • To be paid; due: as, bills payable; homage or allegiance payable to the sovereign.
  • Profitable; likely to be profitable or to pay: as, payable rock, gravel, quartz, etc., meaning yielding or likely to yield gold; a payable enterprise, one yielding or likely to yield profit.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • n. a liability account showing how much is owed for goods and services purchased on credit
  • adj. subject to or requiring payment especially as specified

Etymologies

From pay + -able (Wiktionary)

Examples

  • 2,000 0.58 1,160 Total assets $2,600 $1,544 Accounts payable$ $ 400 0.66 $ 264 Notes payable

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  • Actually, the number of claims paid or payable is not yet large.

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