Payer: meaning, definitions and examples

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payer

[ ˈpeɪər ]

^{Context #1}

finance

A person or organization that pays or is responsible for paying money to another person or organization.

Synonyms

disburser, payor, remitter

Examples of usage

The payer must ensure that the payment is made on time.
As the payer, you are entitled to request a receipt for your payment.

^{Context #2}

healthcare

The individual or entity that pays for healthcare services on behalf of the insured individual.

Synonyms

benefactor, funder, sponsor

Examples of usage

The insurance company acts as the payer for most medical services.
The employer may also serve as the primary payer for employee healthcare benefits.

Translations

Translations of the word "payer" in other languages:

🇵🇹 pagador

🇮🇳 भुगतानकर्ता

🇩🇪 Zahler

🇮🇩 pembayar

🇺🇦 платник

🇵🇱 płatnik

🇯🇵 支払人 (しはらいにん)

🇫🇷 payeur

🇪🇸 pagador

🇹🇷 ödeme yapan

🇰🇷 지불인

🇸🇦 دافع

🇨🇿 plátce

🇸🇰 platca

🇨🇳 付款人

🇸🇮 plačnik

🇮🇸 greiðandi

🇰🇿 төлеуші

🇬🇪 მდელებელი

🇦🇿 ödəyici

🇲🇽 pagador

Word origin

The word 'payer' originated from the Old French word 'paier', which means 'to pay'. It entered the English language in the 14th century. Over time, 'payer' has evolved to represent someone who is responsible for making payments to others, whether in finance or healthcare contexts.