payee

Definition

One who receives a payment, such as through cash, check, money order, or promissory note.

Use payee in a sentence

I was glad to be the payee which meant I would be the one getting the money and not giving it.

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My brother Johnny recently started his own lawn care business and will finally become a payee instead of a dreaded payer.

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The individual must designate a payee on a check in order to ensure payments are made to the correct individual in a timely manner.

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