payable

USAGE SUMMARY

The word 'payable' is correct and usable in written English.
You can use it to refer to something that is due to be paid, or something that has the right to receive payment. For example: "The invoice was made payable to the company."

✓ Grammatically correct

News & Media

Formal & Business

Human-verified examples from authoritative sources

Exact Expressions

60 human-written examples

Sony Ericsson and Nokia suggested in 2008 that the amount payable per handset should be capped at less than 10% of the handset price.

The Guardian - Tech

The cuts suggested by officials include restricting child benefit so it is payable only for the first two children, and scrapping the industrial injuries benefit by passing the costs on to firms.

The Guardian

CGT will be payable on disposal of the property because the student has had more than one lodger and therefore the whole property will not qualify for private residence relief.

The Guardian - Money

For certain Guardian Masterclasses, a deposit may be payable (which will be specified on the relevant Guardian Masterclass information).

The Guardian

For certain Guardian Masterclasss, a deposit is payable (which will be specified on the relevant Guardian Masterclass information).

The Guardian

LAPFF said that it welcomed WPP's effort to improve pay practices but that the "quantum of payments made to executives, and potentially payable in future, is considered excessive".

The Guardian

Mobile phone junkies beware, though - a pound is payable to the Lifeboat Fund for every ringtone heard in the bar.

The Guardian - Travel

The tribunal, headed by a Dublin high court judge, also found Lowry sought to influence the outcome of an arbitration being conducted in 1995 in relation to the rent payable by then state-owned Telecom Eireann for Marlborough House to a company owned and controlled by Dunne.

The Guardian

Reducing tax Whether you wish to opt for cash savings or an investment fund, you can use your individual savings accounts (Isa) allowance to house your money and reduce the tax payable on it.

The Guardian - Money

He was also ordered to pay a £40 victim surcharge and £85 towards prosecution costs, making a total of £525, payable within 28 days.

The Guardian

GNM shall issue an invoice and such invoice shall be payable within 30 days of the end of the month following the month in which the invoice is issued.

The Guardian

Expert writing Tips

Best practice

When drafting financial documents, use "payable" to clearly indicate an obligation that must be settled. Ensure clarity by specifying the currency, date, and method of payment.

Common error

Avoid confusing "payable", which indicates a debt you owe, with "receivable", which denotes money owed to you. Use "payable" only when you are the one making the payment.

Linguistic Context

The adjective "payable" primarily functions to describe an obligation or liability that requires payment. As Ludwig AI confirms, it indicates that something is due to be paid. Examples from Ludwig showcase its usage in describing taxes, fees, and other financial obligations.

Expression frequency: Very common

Frequent in

News & Media

60%

Formal & Business

30%

Science

10%

Less common in

Encyclopedias

0%

Wiki

0%

Social Media

0%

Ludwig's WRAP-UP

In summary, "payable" is an adjective used to describe something that is due to be paid. Ludwig AI confirms its correct usage. It is commonly found in news and formal business contexts, indicating financial obligations, liabilities, or debts. When using "payable", ensure clarity regarding the amount, date, and method of payment. Avoid confusing it with "receivable", which indicates money owed to you. As supported by numerous examples from Ludwig, "payable" plays a crucial role in financial and legal discourse.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

to be paid

A more descriptive phrase emphasizing the action of payment that is expected.

payments due

Highlights the obligation of making payments within a specific timeframe.

due

Focuses on the immediacy of the obligation, emphasizing the time aspect.

outstanding

Highlights the fact that the payment is still pending or unsettled.

owing

Emphasizes the state of being indebted for a certain amount.

liable

Indicates a legal responsibility or obligation to pay.

accounts payable

Specifically refers to short-term debts owed by a business to its suppliers.

settleable

Highlights the possibility or readiness for a debt to be resolved.

cleared

Refers to the action of a payment being processed and finalized.

discharged

Suggests the fulfillment or release from a financial obligation.

FAQs

How is "payable" used in accounting?

In accounting, "payable" typically refers to debts owed by a business, categorized as liabilities. For instance, "accounts payable" represents short-term obligations to suppliers.

What's the difference between "payable" and "due"?

"Payable" indicates a general obligation to pay, while "due" often specifies a particular date or time when payment is required. Therefore, something can be "payable" but not yet "due".

What are some synonyms for "payable" in financial contexts?

In financial contexts, synonyms for "payable" include "outstanding", "owing", or "to be paid", each carrying slightly different nuances regarding the payment's status and urgency.

How do I use "payable" correctly in a sentence?

Use "payable" to describe something that needs to be paid. For example: "The invoice is payable within 30 days", meaning the invoice amount must be paid within that timeframe. Similarly: "The dividend is payable to shareholders on record as of July 15th".