payable
Meaning: Required to be paid; due for payment. In accounting, 'accounts payable' refers to the money a company owes to its suppliers and creditors.
Payable is a fundamental term in business and accounting. 'Accounts payable' (often abbreviated AP) appears on the balance sheet as a current liability, representing amounts owed for goods or services received but not yet paid for. 'Payable on demand' means the amount must be paid when requested. 'Make payable to' is the standard instruction on cheques. The term contrasts with 'receivable' — what is owed to the company. In legal contexts, 'payable' can also describe fines, duties, or taxes that are due.
Examples
- Invoices are payable within 30 days of the date of issue, after which a late-payment charge will apply. 发票自开具之日起30天内应予支付,逾期将加收滞纳金。Las facturas deben abonarse en un plazo de 30 días desde la fecha de emisión, transcurrido el cual se aplicará un recargo por demora.請求書は発行日から30日以内にお支払いください。期限を過ぎると遅延料が発生します。청구서는 발행일로부터 30일 이내에 지급해야 하며, 이후에는 연체 수수료가 부과됩니다.
- The company's accounts payable had risen to £4.2 million by the end of the financial year, reflecting slower payment of suppliers. 截至该财政年度末,公司的应付账款已升至420万英镑,反映出对供应商的付款速度放缓。Las cuentas a pagar de la empresa habían aumentado a 4,2 millones de libras al cierre del ejercicio, lo que reflejaba una ralentización en el pago a proveedores.会計年度末時点で、同社の買掛金は420万ポンドに増加しており、仕入先への支払い遅延を反映していた。회계연도 말 기준으로 해당 기업의 매입채무는 420만 파운드로 증가하여 공급업체에 대한 지급 지연을 반영했다.
- Please make cheques payable to the Honourable Society of Lincoln's Inn. 请将支票抬头开具为林肯律师学院名誉协会。Sírvanse extender los cheques a nombre de la Honourable Society of Lincoln's Inn.小切手はリンカーンズ・イン名誉協会宛にご記入ください。수표는 링컨스 인 명예협회 앞으로 기재해 주십시오.
Pronunciation
Usage Guide
Context: accounting, finance, legal
Tone: neutral
Origin & History
From Old French paiable, from paier (to pay), ultimately from Latin pacare (to appease, pacify), from pax (peace). The accounting sense became standardised in the 19th century.
Cultural Context
Era: Modern
Generation: All ages
Social background: Universal
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