- payee
- A person or organization to be paid. In the case of a cheque payment, the payee is the person or organization to whom the cheque is made payable.
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payee
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payee — pay·ee /ˌpā ē/ n: a person to whom money is to be or has been paid; specif: the person named in a bill of exchange, note, or check as the one to whom the amount is directed to be paid compare drawee, drawer Merriam Webster’s Dictionary of Law.… … Law dictionary
Payee — Pay*ee , n. The person to whom money is to be, or has been, paid; the person named in a bill or note, to whom, or to whose order, the amount is promised or directed to be paid. See {Bill of exchange}, under {Bill}. [1913 Webster] … The Collaborative International Dictionary of English
payee — (n.) 1758, from PAY (Cf. pay) (v.) + EE (Cf. ee) … Etymology dictionary
payee — ► NOUN ▪ a person to whom money is paid or to be paid … English terms dictionary
payee — [pā ē′] n. the person to whom a payment is made or owed … English World dictionary
payee — person to whom money is paid See drawee A person receiving payment through any form of money transfer method. Bloomberg Financial Dictionary * * * payee pay‧ee [peɪˈiː] noun [countable] 1 … Financial and business terms
Payee — The party in an exchange who receives payment. A payee is paid in cash, check or other transfer medium by a payer, with the payer receiving a good or service in return. The name of the payee is included in the bill of exchange. In the case of a… … Investment dictionary
Payee — An ISO term. The third party beneficiary in a payment transaction. 25x. The Payee in a cheque is the person named therein to whom, or to whose order, payment is directed to be made. STR uses the name entered in Beneficiary party as Payee.… … International financial encyclopaedia
payee — UK [ˌpeɪˈiː] / US [ˌpeɪˈɪ] noun [countable] Word forms payee : singular payee plural payees the person who you pay a cheque or money to … English dictionary
payee — A person to whom a payment is made or who is designated in a bill or note as the person to whom payment is to be made. The Commercial Code purports to settle the long continued conflict over the status of the payee as a holder in due course by… … Ballentine's law dictionary
payee — [[t]peɪi͟ː[/t]] payees N COUNT: usu sing The payee of a cheque or similar document is the person who should receive the money. [FORMAL] Ant: payer … English dictionary
