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Liabilities vs Payable - What's the difference?

liabilities | payable |

As nouns the difference between liabilities and payable

is that liabilities is plural of lang=en while payable is (plural) Debts owed by a business; liabilities.

As an adjective payable is

that which is to be paid.

liabilities

English

Noun

(head)
  • (finance) An amount of money in a company that is owed to someone and has to be paid in the future, such as tax, debt, interest, and mortgage payments.
  • payable

    English

    Noun

  • (plural) Debts owed by a business; liabilities.
  • A thing that may be paid.
  • Adjective

    (en adjective)
  • That which is to be paid.
  • Is value added tax payable on planning application fees?
  • Able to be paid.
  • Of a mine etc.: capable of yielding profit; profitable.
  • Derived terms

    *payability *payably