Meaning of “payable” - Learner’s Dictionary


adjective uk us /ˈpeɪəbl/

describes something to be paid:

Rent is payable monthly.

If a cheque (= a piece of paper printed by a bank that you use to pay for things) is payable to a person, that person's name is written on the cheque and the money will be paid to them.

(Definition of “payable” from the Cambridge Learner’s Dictionary © Cambridge University Press)