payable Meaning, definition in Cambridge English Dictionary
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Meaning of "payable" - English Dictionary

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payableadjective [after verb]

uk   us   /ˈpeɪ.ə.bl̩/
C1 that should be paid: Interest payments are payable monthly.C1 If a cheque is payable to a person or an organization, the money will be paid to them because their name is written on it: Please make your cheque payable to WWF.
(Definition of payable from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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