payable after sight. Payable after acceptance or protest of nonacceptance. See sight draft under DRAFT. [Cases: Bills and Notes 129(3). C.J.S. Bills and Notes; Letters of Credit§ 90.]
payable on demand. Payable when presented or upon request for payment; payable at any time. [Cases: Bills and Notes 129(3). C.J.S. Bills and Notes; Letters of Credit§ 90.]
payable to bearer. Payable to anyone holding the instrument. [Cases: Bills and Notes 210, 427(1). C.J.S. Bills and Notes; Letters of Credit § 145.]
payable to order. Payable only to a specified payee. [Cases: Bills and Notes 427. C.J.S. Bills and Notes; Letters of Credit§ 233.]
payable, n. See account payable under ACCOUNT.