payable


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Related to payable: Notes payable, Payable on Death

Payable

Justly due; legally enforceable.

A sum of money is said to be payable when a person is under an obligation to pay it. The term may therefore signify an obligation to pay at a future time, but when used without qualifi-cation, it ordinarily means that the debt is due to be paid immediately.

payable

1) adj. referring to a debt which is due. A debt may be owed, but not yet payable until a certain date or event. 2) n. a debt which is due. "Payables" are all the liabilities (debts) of a business.

payable

adjective collectable, due, justly claimable, mature, maturing, outstanding, owing, redeemable, uncollected, unpaid, unsatisfied, unsettled
Associated concepts: accounts payable, bills payable, due and payable, payable to bearer, payable upon demand, sum payable
See also: delinquent, outstanding, overdue, receivable, unpaid
References in periodicals archive ?
Provisions of the Excise Tax Act that normally determine when the GST is payable will apply to determine the appropriate rate of tax.
Consequently, the management of various accounts payable processes such as the number of days it takes to process an invoice from receipt to disbursement, managing vendor payment terms and the method of disbursement will either increase or decrease cash flow.
2702-3(e), Example 5, it will treat the retained unitrust interest payable to A or A's estate as a qualified interest payable for a 10-year term.
Briefly summarized, a rental agreement has deferred rent if the cumulative amount of rent allocated as of the close of a calendar year exceeds the cumulative amount of rent payable as of the close of the succeeding calendar year.
The recipient may indicate that payment is payable at the address of a third party.
3689 per share representing the dividend payment originally due November 15, 2006, was declared on the outstanding Series C Preferred Stock, payable February 15, 2007, to shareholders of record at the close of business on February 5, 2007.
163(l)(3), debt is treated as payable in equity of the issuer or a related party only if.
Typically, the company's board of director's compensation committee will meet in late January or early February of the succeeding year to review the actual financial results of the prior year, to approve the bonus pool payable (and the participants' shares) for the prior year, and to establish the EPS-based bonus goals for the current year.
95-70, the Service further defined when interest was or was not unconditionally payable.
Lawson Software's (Nasdaq:LWSN) Accounts Payable application, part of the company's Enterprise Financial Management suite, is helping Navy Federal Credit Union improve satisfaction among internal and external credit union members by automating invoice processes.
With ASPEN for Accounts Payable, we're taking on the most labor-intensive elements of invoice processing," said Rick Kushel, President and CEO of Fairfield, N.
As a result, the plan benefits and IRA funds otherwise payable to the spouse became payable to a successor or contingent beneficiary.