payable meaning and definition

PAYABLE noun

Definition of payable (noun)

1. a liability account showing how much is owed for goods and services purchased on credit
   • "the problem was to match receivables and payables in the same currency"
   • synonyms: account payable

PAYABLE adjective

Definition of payable (adjective)

1. subject to or requiring payment especially as specified
   • "a collectible bill"; "a note payable on demand"; "a check payable to John Doe"
   • synonyms: collectable, collectible