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payable - Dictionary definition and meaning for payable

PAYABLE

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  • (noun) a liability account showing how much is owed for goods and services purchased on credit

    "the problem was to match receivables and payables in the same currency"

    synonyms : account payable
  • (adj.) subject to or requiring payment especially as specified

    "a collectible bill", "a note payable on demand", "a check payable to John Doe"

    synonyms : collectable , collectible

WordNet® 3.0, © 2006 by Princeton University.

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