From Longman Business Dictionarypayablespay‧a‧bles /ˈpeɪəbəlz/ noun [plural] ACCOUNTING loans, debts etc owed by a company, especially those which are expected to be paid within the financial yearAgainst total assets of NZ$42.2 billion, the company has borrowings of NZ$46.7 billion and payables of NZ$3.4 billion. → compare receivables