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Novelguide.com is the premier free source for literary analysis on the web. We provide an educational supplement for better understanding of classic and contemporary Literature Profiles, Metaphor Analysis, Theme Analyses, and Author Biographies.



PAYABLE

Justly due; legally enforceable.

A sum of money is said to be payable when a person is under an obligation to pay it. The term may therefore signify an obligation to pay at a future time, but when used without qualifi-cation, it ordinarily means that the debt is due to be paid immediately.

Payable

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