Payable Meaning

There are 2 meaning(s) for word Payable

Meaning 1 : a liability account showing how much is owed for goods and services purchased on credit

    Example : the problem was to match receivables and payables in the same currency

    Synonyms : account payable
Meaning 2 : subject to or requiring payment especially as specified

    Example : a note payable on demand,a check payable to John Doe

    Synonyms : collectable,  collectible