pay·able

/ˈpejəbəl/ adj, 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

benefits payable to the insured

◇ If a check is made payable to someone, the name of that person or business is written on the check.

All checks should be made payable to the university.

Make your check payable to “Therapy Associates Inc.”