payable

/ˈpeɪəbəl/
noun
  1. Money that a company owes to others; accounts payable.
    • She works in the payables department, processing checks.
    • The company's payables include supplier invoices and utility bills.
    • We need to reduce our payables to improve cash flow.
adjective
  1. Required to be paid; due.
    • The invoice is payable within 30 days.
    • Taxes are payable by April 15th.
    • The rent is payable on the first of every month.
  2. Able to be paid.
    • The fee is payable in installments.
    • Is the balance payable online?
    • The amount is payable in cash or by credit card.
Antonyms