Learner's definition of PAYABLE
always used after a noun
: possible or necessary to pay
She charges her patients $3,000, payable in installments.
The bill was payable [=due] on the first of February.
The plan defines the maximum amount payable [=that will be paid] by the insurance company.
(business) accounts payable [=the amounts of money that you owe to people or other businesses]
— often + to
◊ If a check is made payable to someone, the name of that person or business is written on the check.