Payable date意思

"Payable date" is a term commonly used in finance and accounting, and it refers to the date on which a financial instrument or debt obligation is scheduled to be paid. This date is typically specified in the terms of the instrument, such as a bond, a promissory note, or a commercial paper.

For example, if you hold a bond that matures on a certain date, the payable date would be the date on which the full principal amount of the bond is due to be paid to the bondholder, along with any accrued interest. Similarly, if you have a loan or a bill that is payable on demand, the payable date would be the date on which the loan or bill is due to be paid in full.

In the context of corporate finance, the payable date might also refer to the date on which a company is scheduled to pay dividends to its shareholders. In this case, the payable date would be the date on which the dividend payment is scheduled to be issued to shareholders who are on the company's record books as of a specific record date.