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Definition of payable's - 2 dictionary results

pay⋅a⋅ble

[pey-uh-buhl]
–adjective
1. to be paid; due: a loan payable in 30 days.
2. capable of being or liable to be paid.
3. profitable.
4. Law. imposing an immediate obligation on the debtor.
–noun
5. an amount, bill, etc., that is to be paid.
6. payables, the accounts payable of a business: Payables are now handled by our computer.

Origin:
1400–50; late ME; see pay 1 , -able


pay⋅a⋅bil⋅i⋅ty, pay⋅a⋅ble⋅ness, noun
pay⋅a⋅bly, adverb
pay·a·ble   (pā'ə-bəl)   
adj.  
  1. Requiring payment on a certain date; due.
  2. Requiring payment to a particular person or entity.
  3. 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.
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