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2 definitions found
From The Collaborative International Dictionary of English v.0.48 [gcide]:
Payable \Pay"a*ble\, a. [Cf. F. payable. Cf. {Pacable}.]
1. That may, can, or should be paid; suitable to be paid;
justly due. --Drayton.
[1913 Webster]
Thanks are a tribute payable by the poorest.
--South.
[1913 Webster]
2. (Law)
(a) That may be discharged or settled by delivery of
value.
(b) Matured; now due.
[1913 Webster]
From WordNet (r) 2.0 [wn]:
payable
adj : subject to or requiring payment especially as specified; "a
collectible bill"; "a note payable on demand"; "a check
payable to John Doe" [syn: {collectible}, {collectable}]
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