payable

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.

“Please make the cheque payable to the local library.”

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

C1 · Advanced Plural noun 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.

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

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

C2 · Proficiency Science Technical

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.

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

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