English

payee

ˌpeɪˈi, peɪˈiː
Meaning: the person to whom money is paid
Part of Speech: Noun Alternative Readings: peɪˈiː

Listen to pronunciation

Example

They filled in the amount on the check but left the payee's name blank.
They filled in the amount on the check but left the payee's name blank.

Usage Notes

A formal term used in finance and banking to refer to the recipient of a payment, such as on a check or money order.

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