Meaning of payable In English

• 0 that should be paid:

  • Interest payments are payable monthly.

  • Please make your cheque payable to WWF.

• 1 used for saying how or when an amount of money should be paid:

  • The fees are payable monthly.

  • payable in sth The debt is payable in one lump sum or by instalments.

  • payable on January 1st/22nd May, etc. The final dividend will be 1.15p, payable on August 29.

  • Payment by check of cash dividends will ordinarily be mailed within three business days after the payable date.

• 2 if a cheque is payable to a person or an organization, the money will be paid to them because their name is written on it:

  • Please make your cheque payable to Oxford Ecobuild.

• 3 used to describe a loan that may have to be paid back at any time, with little or no warning:

  • Many business loans are payable on demand.

• 4 used on a bond, cheque, etc. to state that the amount of money shown should be paid to the person who brings it for payment:

  • Where a bill is not payable to bearer, the payee must be named.

• 5 used on a bond, cheque, etc. to state that the amount of money shown should be paid to the person who is named on it:

  • If an instrument is not payable to order or to bearer, it is not negotiable.