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1 sentences with 'payable'

Example sentences and phrases with the word payable and other words derived from it.

Brief definition: payable

Payable means that money is owed and must be paid. It refers to an amount that needs to be paid now or in the future, such as bills, debts, or invoices. It can also describe something that can be paid, like a payable account or a payable date.


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For example, Italian accountants adopted double-entry bookkeeping (accounts payable and accounts receivable) and Italian merchants invented entrustment, a way of spreading the risk associated with commercial ventures among several partners, an early form of insurance for costly and risky commercial projects.

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