Payee

Word PAYEE
Character 5
Hyphenation pay ee
Pronunciations N/A

Definitions and meanings of "Payee"

What do we mean by payee?

One to whom money is paid. noun

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. noun

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. noun

One to whom money is paid. noun

A person to whom money is paid noun

One to whom money is paid.

Person getting paid Urban Dictionary

Synonyms and Antonyms for Payee

The word "payee" in example sentences

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. ❋ Unknown (2007)

A payee is an account that does not send you a bill regularly, such as a mortgage, landlord, or car payment. ❋ Unknown (2005)

Under California law, those payments should stop upon the death of the payee, which is Michael Jackson. ❋ Unknown (2009)

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. ❋ Unknown (2000)

a European consul in favour of one of his trading countrymen; the former when the payee was a friendless Persian. ❋ Unknown (1856)

The "payee" is the one for whom the check is made. ❋ Alfred Rochefort Calhoun (N/A)

They said Chinloy offered to get the mortgage and they'd pay him with a check, leaving blank the "payee" line. ❋ Unknown (2010)

There are all kinds of online banking tools and applications that can alert you (and sometimes a designee) when any number of sentinel events occur that could indicate a problem, ranging from overdraft, to the clearing of a check that exceeds a specific threshold, to failure to remit to a regular payee like the electric or gas company. ❋ M.D. Mark Lachs (2010)

So¾four days until his money shows up in the rep-payee account. ❋ Ginnah Howard (2011)

He relates to the payor spouse, the person making payments, and the payee, the spouse who is being paid, in ways that don't come easily to most. ❋ Marah Nudel (2011)

Traditional payment networks used by most banks involve many intermediary institutions that handle the money en route from payer to payee. ❋ Kerry Agiasotis (2011)

Borrowers found themselves unable to refinance, and their payments remained high as interest rates fell, leading to trouble for both payer and payee. ❋ Arkadi Kuhlmann (2011)

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. ❋ Lisa Davis (2011)

The account holder tells the bank the check number, the amount of the check and payee and the bank in turn looks for this check, or range of checks and returns the item (s) unpaid marked Stop Payment. ❋ Unknown (2009)

[John] the payer [owes] me the payee [money]. ❋ Killerknight (2017)

Cross Reference for Payee

  • Payee cross reference not found!

What does payee mean?

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