English Reference
adjective · noun

payable

adj. · n.
US /ˈpeɪəbəɫ/ UK /pˈeɪəbəl/ payable

  1. 01 B2 Upper Intermediate

    adj.describes money that you must pay now or by a certain date.

    adj.required to be paid; due. Often used in commercial contexts to specify the deadline for a debt.

    Simple

    The electricity bill is payable by the end of the month.

    In context

    The full balance of the invoice becomes payable within thirty days of the delivery date, after which interest will begin to accrue.

    Usage

    Often followed by the preposition 'by' for a date or 'to' for a person.

  2. 02 B2 Upper Intermediate

    adj.used to say who should receive a payment, especially on a cheque.

    adj.specifying the person or entity to whom a payment must be made.

    Simple

    Please make the cheque payable to the local library.

    In context

    All membership fees should be made payable to the treasurer rather than the club's general account.

    Usage

    Almost exclusively used in the phrase 'make [something] payable to'.

    addressed to
  3. 03 C1 Advanced Technical

    n.the money that a company owes to its suppliers or for its bills.

    n.the debts or liabilities of a business, specifically those owed to creditors for goods or services.

    Simple

    The accountant spent the afternoon checking the company's payables.

    In context

    The firm struggled with its cash flow because its payables were due much sooner than its incoming revenue.

    Usage

    Usually used in the plural form 'payables'.

  4. 04 C2 Proficiency Technical Science

    adj.describes a mine or area of land that has enough gold or minerals to make a profit.

    adj.capable of yielding a profit when worked; used specifically in mining and extraction industries.

    Simple

    The company finally found a payable vein of silver deep in the mountain.

    In context

    Geological surveys indicated that the site contained payable quantities of copper, justifying the high cost of the initial excavation.


From pay + -able.

Etymology adapted from Wiktionary, available under CC BY-SA 4.0.

This entry
Level B2 · Upper Intermediate
Frequency Frequent
Updated