paymaster-ship

paymaster

[pey-mas-ter, -mah-ster]
noun
a person authorized by a company, government, etc., to pay out wages or salaries, especially in the military.

Origin:
1540–50; pay1 + master

paymastership, noun
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World English Dictionary
paymaster (ˈpeɪˌmɑːstə)
 
n
an official of a government, business, etc, responsible for the payment of wages and salaries

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