payable meaning

payable means 'something that must be paid or can be paid'.

payable :

due, owed

adjective

▪ The bill is payable by the end of the month.

▪ The bill must be paid by the end of the month.

▪ The amount is payable in cash.

▪ The amount can be paid in cash.

paraphrasing

▪ due – owed

▪ owed – to be paid

▪ required – needed to be paid

▪ outstanding – not yet paid

Pronunciation

payable [ˈpeɪəbl]

The stress is on 'pay' and sounds like 'pay-uh-bl'.

Common phrases and grammar about payable

payable - Common meaning

adjective
due, owed

Part of Speech Changes for "payable"

▪ payment (noun) – the act of paying

▪ pay (verb) – to give money for something

Common Expressions with "payable"

▪ payable on demand – to be paid when asked

▪ payable by check – to be paid using a check

▪ payable in advance – to be paid before receiving something

▪ payable to the order of – to be paid to a specific person or company

Important examples of payable in TOEIC

Vocabulary examples from the TOEIC test

In TOEIC vocabulary questions, payable is often used to describe when a bill or amount is due.

▪The invoice is payable within 30 days.
▪The invoice must be paid within 30 days.

Example of a confusing word: payable vs. payee

▪The invoice is payee within 30 days.
▪The person receiving the payment is the payee.
"Payable" is an adjective meaning "required to be paid," often used to describe bills or invoices, as in "The invoice is payable within 30 days." "Payee," on the other hand, is a noun referring to the person or entity receiving the payment. The sentence "The invoice is payee" is grammatically incorrect because "payee" cannot describe when a bill is due. Therefore, "payable" is the correct choice in this context.

Grammar examples from the TOEIC test

Payable is often used as an adjective in grammar questions, describing when or how something should be paid.

▪The amount is payable upon receipt.
▪The amount must be paid when received.

payable

Idioms and fixed expressions in TOEIC

payable on demand

means 'to be paid when requested', used in financial documents.

▪The loan is payable on demand.
▪The loan must be paid when requested.

accounts payable

means 'money owed by a company', used in accounting.

▪The company has high accounts payable.
▪The company owes a lot of money.

Differences between similar words and payable

payable

,

due

differences

Payable refers to something that must be paid, while due often refers to the deadline for payment.

payable
▪The bill is payable by the end of the month.
▪The bill must be paid by the end of the month.
due
▪The rent is due on the first of the month.
▪The rent must be paid on the first of the month.

payable

,

owed

differences

Payable is used for amounts that need to be paid, while owed refers to amounts that are already due.

payable
▪The amount is payable in cash.
▪He had to pay money to the bank.
owed
▪He owed money to the bank.
▪He had to pay money to the bank.

Words with the same origin as payable

The origin of payable

payable comes from the word 'pay', meaning to give money in exchange for something.

Word structure

It has the root pay (to give money) and suffix able (can be), so payable means 'can be paid'.

Words with the same origin

The word's root is unclear or difficult to confirm.

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