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payable
DEFINITIONS OF:
payable
1
adj
subject to or requiring payment especially as specified
“a note
payable
on demand”
“a check
payable
to John Doe”
Synonyms:
collectable
,
collectible
due
owed and payable immediately or on demand
n
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
Type of:
financial obligation
,
indebtedness
,
liability
an obligation to pay money to another party
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