Search results
- Dictionarypayee/ˌpeɪˈiː/
noun
- 1. a person to whom money is paid or is to be paid, especially the person to whom a cheque is made payable.
Powered by Oxford Dictionaries
Dec 26, 2022 · A payee is a party in an exchange of goods or services who receives payment. Learn about different types of payees, how they are paid, and their duties and limits in various transactions and situations.
- Will Kenton
Payee is a noun that means a person who money is paid to or should be paid to. Learn how to use payee in different contexts, see examples from various sources and find translations in other languages.
Payee is a noun that means a person who money is paid to or should be paid to. Learn how to use payee in different contexts, such as finance, law, and business, with examples from the Cambridge Dictionary.
noun. pay· ee ˌpā-ˈē. : a person to whom money is to be or has been paid. specifically : 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.
Payee is the person who should receive the money from a cheque or other document. Learn how to use the word in different contexts, such as accounting, electronic billing, and structured settlements.
Payee is a noun that means a person to whom a check, money, etc., is payable. Learn how to use payee in a sentence, how it differs from payer, and see its origin and history.
Anyone who is paid is a payee, but the term is most commonly used to mean the person (or organization) whose name is written on a check after the words "pay to the order of." If you write a check to pay your cable bill, the cable company is the payee.
