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Payee: meaning, definitions and examples

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payee

 

[ ˌpeɪˈiː ]

Noun
Context #1 | Noun

financial transactions

A payee is a person or organization to whom money is paid or is to be paid.

Synonyms

beneficiary, receiver, recipient

Examples of usage

  • The payee of the check is the landlord.
  • Please make sure to write the correct payee on the money order.
Context #2 | Noun

legal documents

In legal documents, the payee is the person to whom an obligation is owed.

Synonyms

creditor, obligee

Examples of usage

  • The payee of the promissory note is the lender.
  • The payee of the contract has the right to enforce its terms.

Translations

Translations of the word "payee" in other languages:

🇵🇹 beneficiário

🇮🇳 प्राप्तकर्ता

🇩🇪 Empfänger

🇮🇩 penerima

🇺🇦 отримувач

🇵🇱 beneficjent

🇯🇵 受取人

🇫🇷 bénéficiaire

🇪🇸 beneficiario

🇹🇷 alacaklı

🇰🇷 수취인

🇸🇦 المستفيد

🇨🇿 příjemce

🇸🇰 príjemca

🇨🇳 收款人

🇸🇮 prejemnik

🇮🇸 viðtakandi

🇰🇿 алушы

🇬🇪 მიმღები

🇦🇿 alqı

🇲🇽 beneficiario

Etymology

The term 'payee' originated in the early 19th century, derived from the word 'pay' with the suffix 'ee' indicating a person who receives something. It has been commonly used in financial and legal contexts to specify the recipient of a payment or obligation.

See also: nonpayer, nonpayment, pay, payable, payback, payer, paymaster, payment, payments, payoff, payor, paywise, repay, repayment, spay.

Word Frequency Rank

Ranked #12,358, this word falls into high-advanced vocabulary. It appears less frequently but is valuable for expressing precise meanings in specific contexts.