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Payable vs Billable - What's the difference?

payable | billable |

As nouns the difference between payable and billable

is that payable is (plural) Debts owed by a business; liabilities while billable is something that is billed for.

As adjectives the difference between payable and billable

is that payable is that which is to be paid while billable is capable of being billed for.

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

    billable

    English

    Adjective

    (-)
  • Capable of being billed for.

    • Noun

    (en noun)
  • Something that is billed for.
  • * 2008 , Tad Crawford, AIGA Professional Practices in Graphic Design
    • ...time spent building and encoding a Web site and similar billables should be calculated as services and so noted in all contracts and invoice terms.