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From The Collaborative International Dictionary of English v.0.48 [gcide]:
Payable \Pay"a*ble\, adjective [Cf. F. payable. Cf. {Pacable}.]
1. That may, can, or should be paid; suitable to be paid; justly due. --Drayton.
Thanks are a tribute payable by the poorest. --South.
2. (Law) (a) That may be discharged or settled by delivery of value. (b) Matured; now due.
From WordNet (r) 3.0 (2006) [wn]:
adjective
1: subject to or requiring payment especially as specified; "a collectible bill"; "a note payable on demand"; "a check payable to John Doe" [syn: {collectible}, {collectable}, {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" [syn: {account payable}, {payable}]
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Definitions retrieved from the Open Source DICT Webster's English and WordNet 3.0 dictionaries. Click here for database copyright information.
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