Payable | Mean of payable in English Dictionary

/ˈpejəbəl/

• possible or necessary to pay
1. She charges her patients $3,000, payable in installments.
2. The bill was payable [=due] on the first of February.
3. The plan defines the maximum amount payable [=that will be paid] by the insurance company.
4. (business) accounts payable [=the amounts of money that you owe to people or other businesses]
5. benefits payable to the insured
6. All checks should be made payable to the university.
7. Make your check payable to “Therapy Associates Inc.”