payable
adj.adj. describing money that you must pay by a certain time. It is often used on bills or in business to show who should receive the money.
adj. required to be paid; due. Often used in financial contexts to specify the recipient or the deadline for a debt.
The total amount is payable by the end of the month.
Please make all checks payable to the local library rather than to an individual staff member.
The contract stipulates that the remaining balance becomes immediately payable if the client fails to meet the agreed-upon milestones within the first quarter of the fiscal year.
From pay + -able.
Often follows the verb 'to be' or pairs with the preposition 'to' when naming a recipient.
The bill is payable for the companyThe bill is payable to the companyWhen specifying the recipient of the money, use the preposition 'to' after payable.