Definitions
American Heritage® Dictionary of the English Language, Fourth Edition
- n. One to whom money is paid.
Century Dictionary and Cyclopedia
- n. A person to whom money is paid or is to be paid; specifically, in law, the party in whose favor the promise or direction to pay negotiable paper is expressed.
Wiktionary
- n. One to whom money is paid.
GNU Webster's 1913
- 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.
WordNet 3.0
- n. a person to whom money is paid
Etymologies
- pay + -ee (“object of action”) (Wiktionary)
Examples
“In general, if the payee is a foreign bank or other financial institution registered with the Ministry of Finance, the interest payments will be subject to withholding tax at the rate of 15% or 4.9% for residents of a tax treaty partner.”
Doing business in Mexico: general legal, business & entry issues
“A payee is an account that does not send you a bill regularly, such as a mortgage, landlord, or car payment.”
“Under California law, those payments should stop upon the death of the payee, which is Michael Jackson.”
“A crossed cheque can only be paid directly into the account of the person or organisation - known as the payee - to which it is made out.”
“a European consul in favour of one of his trading countrymen; the former when the payee was a friendless Persian.”
“The "payee" is the one for whom the check is made.”
“They said Chinloy offered to get the mortgage and they'd pay him with a check, leaving blank the "payee" line.”
“Traditional payment networks used by most banks involve many intermediary institutions that handle the money en route from payer to payee.”
The Wall Street Journal: Safeguarding the Financial Supply Chain
“Borrowers found themselves unable to refinance, and their payments remained high as interest rates fell, leading to trouble for both payer and payee.”
The Huffington Post: Arkadi Kuhlmann: Imagining Life After the 30-Year Fixed Rate Mortgage
“Five months after his release, Frank stole a $49 life insurance dividend check from a man in St. Joseph, Michigan, a few miles from Benton Harbor, and tried to forge his name as the payee.”
Lists
These user-created lists contain the word ‘payee’.
-
Triphthongs
Words with triphthongs in
layer, player, payee, pompeii, tyre, fire, higher, liar, employer, soya, paranoia, sequoia and 14 more...
-
Legal personal relationship words
Weird words that specify specific aspects of people's legal relationships. ee/or pairs are the best, but sadly not all ees and ors have an associated opposite..
legatee, settlor, beneficiary, mortgagee, mortgagor, lessor, lessee, purchaser, vendor, testator, testatrix, trustee and 19 more...
-
big book gre
abase, abbess, abbey, abbot, abdicate, abdomen, abdominal, abduction, abed, aberration, abet, abeyance and 6691 more...
-
Random Words
lochia, confused, innoxious, naive, cockatrice, derisive, parsley, passive, casual, football, innuendo, Rumanian and 172 more...
-
Rognons of Random Palavery
Another of my random palavery lists for terms and phrases that don't fit into any of my other lists.
priorship, exigeant, refectory, reestablish, capper, reesed, quar, reprune, orificial, reaming-iron, terminist, terminism and 3097 more...
Tweets
Looking for tweets for payee.
Comments
No comments yet...
Log in or sign up to get involved in the conversation. It's quick and easy.