Definitions

from The American Heritage® Dictionary of the English Language, 5th Edition.

  • adjective Requiring payment on a certain date; due.
  • adjective Requiring payment to a particular person or entity.
  • adjective Capable of producing profit.
  • noun A debt that is owed to a creditor.

from The Century Dictionary.

  • That can be paid, or is to be paid; capable of being paid.
  • To be paid; due: as, bills payable; homage or allegiance payable to the sovereign.
  • Profitable; likely to be profitable or to pay: as, payable rock, gravel, quartz, etc., meaning yielding or likely to yield gold; a payable enterprise, one yielding or likely to yield profit.

from the GNU version of the Collaborative International Dictionary of English.

  • adjective That may, can, or should be paid; suitable to be paid; justly due.
  • adjective That may be discharged or settled by delivery of value.
  • adjective Matured; now due.

from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • noun plural Debts owed by a business; liabilities.
  • noun A thing that may be paid.
  • adjective That which is to be paid.
  • adjective Able to be paid.
  • adjective Of a mine etc.: capable of yielding profit; profitable.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • noun a liability account showing how much is owed for goods and services purchased on credit
  • adjective subject to or requiring payment especially as specified

Etymologies

from Wiktionary, Creative Commons Attribution/Share-Alike License

From pay + -able

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