payable

adjective

pay·​able ˈpā-ə-bəl How to pronounce payable (audio)
1
: that may, can, or must be paid
2

Examples of payable in a Sentence

She charges her patients $3,000, payable in installments. keep the bills payable separate from the receipts
Recent Examples on the Web The company also plans to buy back up to $3 billion of its stock in fiscal 2024 and declared a cash dividend of 45 cents per share payable to shareholders in July. Barbara Ortutay, Quartz, 7 Feb. 2024 In addition, Meta’s board declared a cash dividend of $0.50 per share of outstanding common stock payable on March 26, 2024. Todd Spangler, Variety, 1 Feb. 2024 The Board of Directors of McCormick declared a quarterly dividend of $0.42 per share on its common stocks, payable April 22, 2024 to shareholders of record April 8, 2024. Dividend Channel, Forbes, 28 Mar. 2024 Ford declared first-quarter regular and supplemental dividends of 15 cents per share and 18 cents per share, respectively, payable March 1 to shareholders of record on Feb. 16. The Courier-Journal, 23 Feb. 2024 The dividend is payable on 3/12 to shareholders of record at the close of business on 2/16. Joe Cornell, Forbes, 27 Feb. 2024 The semi-annual cash dividend of $0.05 per share is payable on March 29, 2024 to all common stockholders of record as of March 15, 2024. Kansas City Star, 23 Feb. 2024 An additional $250 million cash is payable by 2030, on top of a $350 million cash consideration depending on revenues of South32’s Illawarra Metallurgical Coal (IMC) within five years of the deal closing, South32 said in a regulatory filing to the Australian Stock Exchange on Thursday. Yessar Rosendar, Forbes, 29 Feb. 2024 Based on preliminary metallurgical test work, 45% of the silver in the Zinc Zone is expected to report to the lead concentrate and be payable, while 40% of the silver is expected to report to the zinc concentrate and not be payable. Fort Worth Star-Telegram, 28 Feb. 2024

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'payable.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

14th century, in the meaning defined at sense 1

Time Traveler
The first known use of payable was in the 14th century

Dictionary Entries Near payable

Cite this Entry

“Payable.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/payable. Accessed 24 Apr. 2024.

Kids Definition

payable

adjective
pay·​able ˈpā-ə-bəl How to pronounce payable (audio)
: that may, can, or must be paid
accounts payable

Legal Definition

payable

adjective
pay·​able
: that may, can, or must be paid

More from Merriam-Webster on payable

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