payable - meaning and definition. What is payable
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What (who) is payable - definition

MONEY OWED BY A BUSINESS TO ITS SUPPLIERS
Accounts Payable; Account Payable; Accountspayable; Due, owing and unpaid; Payable; Payables; Due and owing; Bills payable; Bill payable; Epayables; Trade payable; Accounts payable automation; AP control; Accounts-payable

payable         
1.
If an amount of money is payable, it has to be paid or it can be paid.
Purchase tax was not payable on goods for export.
ADJ: v-link ADJ, oft ADJ on/to n
2.
If a cheque or postal order is made payable to you, it has your name written on it to indicate that you are the person who will receive the money.
Write, enclosing a cheque made payable to Cobuild Limited.
ADJ: v n ADJ, n ADJ, ADJ to n
Payable         
·adj Matured; now due.
II. Payable ·adj That may be discharged or settled by delivery of value.
III. Payable ·adj That may, can, or should be paid; suitable to be paid; justly due.
payable         
1) adj. referring to a debt which is due. A debt may be owed, but not yet payable until a certain date or event. 2) n. a debt which is due. "Payables" are all the liabilities (debts) of a business.

Wikipedia

Accounts payable

Accounts payable (AP) is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents. An accounts payable department's main responsibility is to process and review transactions between the company and its suppliers and to make sure that all outstanding invoices from their suppliers are approved, processed, and paid. The accounts payable process starts with collecting supply requirements from within the organization and seeking quotes from vendors for the items required. Once the deal is negotiated, purchase orders are prepared and sent. The goods delivered are inspected upon arrival and the invoice received is routed for approvals. Processing an invoice includes recording important data from the invoice and inputting it into the company's financial, or bookkeeping, system. After this is accomplished, the invoices must go through the company's respective business process in order to be paid.

Pronunciation examples for payable
1. ERIC ROBERSON: Make checks payable to
Interview with Eric Roberson _ Talks at Google
2. You have Current Liabilities, Accounts Payable,
Valuation in Four Lessons _ Aswath Damodaran _ Talks at Google
3. Make checks payable to Eric Roberson.
Live Performance Eric Roberson _ Talks at Google
4. is payable back so which gives the community more power
Conversations with a Maasai _ Sabore Ole Oye _ Talks at Google
5. And as you guys know, payable over seven years.
Dropping Dimes - The American Basketball Association _ Talks at Google
Examples of use of payable
1. By contrast, Imam Abu Haneefah and Al–Thawri rule that the blood money payable to non–Muslims is the same as that payable to Muslims.
2. Please make checks payable to the Tom DeLay Congressional Committee.
3. "The maximum combined amount payable under the Scheme is 500,000.
4. Help with housing costs, payable for up to 52 weeks, is only payable to prisoners on remand awaiting trial or sentencing.
5. The Blues, however, prefer a deal payable in three installments.