Payable

/ˈpeɪəbl/
Definition 1 of 4
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Time of Payment

Indicates when money is expected to be handed over for services or goods.

Illustration for Time of Payment
Rent is payable on the first day of each month.
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Payment Obligation

Refers to a financial responsibility that cannot be avoided or delayed.

Illustration for Payment Obligation
Taxes are payable despite one's financial difficulties.
Visual representation of the word "Payable"

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