Understanding financial terminology is crucial in today’s interconnected world, especially when dealing with cross-border transactions or interpreting legal documents. The term “payable” is a common word in business and finance, and knowing its meaning in Hindi can be particularly useful for individuals and businesses operating within the Indian market. This article provides a detailed explanation of “payable meaning in Hindi,” along with its various applications and related terms.
What Does Payable Mean?
“Payable” signifies an obligation to pay a sum of money. It indicates a debt or liability that a person or entity owes to another. In accounting, payables are recognized as short-term liabilities on a company’s balance sheet. Understanding this concept is fundamental to financial literacy.
Payable Meaning in Hindi: देय (Deya)
The Hindi word for “payable” is देय (Deya). It carries the same connotation of obligation and refers to something that is due or owed. Just like in English, देय (Deya) is used in various contexts, from everyday conversations to formal financial documents.
Common Usages of देय (Deya)
- बकाया देय (Bakaaya Deya): Outstanding Payable – This refers to a payment that is overdue. For instance, you might hear someone say, “मेरा बकाया देय राशि अभी भी बाकी है” (Mera bakaaya deya raashi abhi bhi baaki hai), meaning “My outstanding payable amount is still pending.”
- देय तिथि (Deya Tithi): Payable Date/Due Date – This refers to the date on which a payment is due. Knowing the देय तिथि is essential for managing finances effectively.
- देय खाता (Deya Khaata): Payable Account – This refers to an account that tracks amounts owed to creditors. This is a common term used in accounting and bookkeeping.
Different Types of Payables
Payables are categorized based on their nature and purpose. Understanding these distinctions helps in managing finances effectively. Some common types include:
- Accounts Payable: These are short-term obligations to suppliers for goods or services received.
- Notes Payable: These are written promises to pay a specific amount at a future date.
- Taxes Payable: These represent the amount of taxes owed to the government. tax payable meaning in hindi
- Wages Payable: These are amounts owed to employees for work performed.
Importance of Understanding “Payable”
Whether you are running a business, managing personal finances, or simply navigating daily transactions, understanding the concept of “payable” is essential. It helps in:
- Budgeting: Knowing your payables helps you allocate resources effectively and avoid financial strain.
- Financial Planning: Tracking payables is crucial for long-term financial stability and growth.
- Business Management: Managing payables efficiently is vital for maintaining healthy relationships with suppliers and ensuring smooth business operations.
Conclusion
Understanding “payable meaning in Hindi” (देय) is vital for anyone involved in financial matters within the Indian context. From accounts payable to taxes payable, knowing the different types and implications of payables empowers individuals and businesses to manage their finances effectively. By mastering this terminology, you can navigate the financial landscape with confidence. outstanding payment meaning in hindi
FAQ
- What is the simplest meaning of “payable” in Hindi? The simplest meaning is देय (Deya), which means due or owed.
- How do I use “payable” in a sentence in Hindi? You could say, “यह राशि देय है” (Yah raashi deya hai), meaning “This amount is payable.”
- What is the difference between “payable” and “paid” in Hindi? “Payable” (देय) means due, while “paid” (चुकाया गया – chukaya gaya) means the debt has been settled.
- Why is understanding “payable” important for businesses? Managing payables efficiently is crucial for maintaining good supplier relationships and smooth operations.
- Where can I find more information on financial terms in Hindi? You can explore resources online and consult financial dictionaries.
- Is “payable” always used in a financial context? While primarily used in finance, “payable” can also refer to something due in other contexts, though less common.
- How can I improve my understanding of financial terminology? Reading financial articles, taking courses, and seeking professional advice can enhance your understanding.
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