Payable

·adj Matured; now due.

II. Payable ·adj That may be discharged or settled by delivery of value.

III. Payable ·adj That may, can, or should be paid; suitable to be paid; justly due.

payable
adj. In Australia, able to be workedat a profit: that which is likely to pay; not only, as inEnglan...

Dictionary of Australasian Words Phrases and Usages by Edward E. Morris