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payable

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payable
payable /ˈpeɪəbəl/ adjective [not before noun]
 Word Family: noun: pay, payment, repayment, payer, payee; verb: pay, repay, underpayoverpay; adjective: paid ≠ unpaid, underpaidoverpaid, payable
1. a bill, debt etc that is payable must be paid
    payable on
    Tax is payable on the interest.
    payable by
    a fee of £49, payable by the tenant
    payable to
    State pensions become payable to women at age 60.
    The rent is payable in advance.
2. payable to somebody a cheque etc that is payable to someone has that person’s name written on it and should be paid to them:
    Cheques should be made payable to the National Trust.