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payee

[pey-ee] /peɪˈi/
noun
1.
a person to whom a check, money, etc., is payable.
Origin
1750-1760
1750-60; pay1 + -ee
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for payee
  • The payer and payee are on the same side of the table.
  • Citizens are thus reminded that society must always balance the payer against the payee, the future against the present.
  • Information for organizations interested in becoming a payee.
  • Truncating individual's identification number on paper payee statements.
British Dictionary definitions for payee

payee

/peɪˈiː/
noun
1.
the person to whom a cheque, money order, etc, is made out
2.
a person to whom money is paid or due
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word Origin and History for payee
n.

1758, from pay (v.) + -ee.

Online Etymology Dictionary, © 2010 Douglas Harper
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10
10
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