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How to pronounce:
payable
Definition:
(nou) a liability account showing how much is owed for goods and services purchased on credit
Phonetic Transcription:
ˈpeɪəbəl
Examples:
In accounts payable, a simple mistake can cause a large overpayment.
The effect of this is that it is payable only to the bearer.
The tax is payable every quarter.
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