payable

UK: ˈpeɪəbl̩ | US: ˈpeɪəbl̩

Definition

  1. adj. (of money) required to be paid; due

  2. adj. capable of being paid

  3. adj. (of a bill or debt) legally enforceable for payment

Structure
pay <to give money>able <capable of>
Etymology

The word "payable" combines the verb "pay" (from Old French paier, Latin pacare "to pacify or settle a debt") with the suffix "-able" (from Latin -abilis, indicating capability). Originally tied to the idea of settling obligations, it evolved to describe debts or sums that are legally due or can be paid. The morphemes reflect a logical progression from action ("pay") to potentiality ("-able").

Examples

  1. The invoice is payable within 30 days.

  2. Rent is payable on the first of each month.

  3. This check is payable to the bearer.

  4. Taxes are payable annually.

  5. The loan becomes payable in full next year.