payable
payable Lexical Profile
payable Game Scores & Validity
• adjective
Required to be paid, or due for payment at a specified time or to a specified person.
"Please make the check payable to the treasurer of the association."
Capable of being paid or settled financially.
"The annual membership fee is payable in three monthly installments."
Capable of yielding a financial profit when worked or mined (especially of a mineral deposit or mine).
"Geologists confirmed the presence of payable gold ore in the lower shaft."
• noun
A short-term debt, liability, or account owed by a business to its suppliers or creditors (usually used in the plural).
"The accounting department is working to reconcile all outstanding payables before the end of the fiscal quarter."
Word Nuance & Usage
In accounting, 'payable' (or 'accounts payable') refers to money a business owes to its suppliers and creditors, whereas 'receivable' (or 'accounts receivable') refers to money owed to the business by its customers.
• Rhymes for payable
Word Origin & Etymology
Borrowed from Old French 'paiable', derived from 'paier' ('to pay'), which ultimately traces back to the Latin verb 'pacare', meaning 'to appease' or 'to pacify'.