Payor: meaning, definitions and examples

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payor

[ ˈpeɪər ]

^{Context #1}

financial

A person or entity who pays money to another party, typically as part of a financial transaction or obligation.

Synonyms

giver, payer, remitter

Examples of usage

The payor must submit payment by the due date.
The insurance company is the payor for medical services rendered.

Translations

Translations of the word "payor" in other languages:

🇵🇹 pagador

🇮🇳 भुगतानकर्ता

🇩🇪 Zahler

🇮🇩 pembayar

🇺🇦 платник

🇵🇱 płatnik

🇯🇵 支払人 (しはらいにん)

🇫🇷 payeur

🇪🇸 pagador

🇹🇷 ödeyen

🇰🇷 지불인 (지불자)

🇸🇦 دافع

🇨🇿 plátce

🇸🇰 plátca

🇨🇳 付款人 (fùkuǎn rén)

🇸🇮 plačnik

🇮🇸 greiðandi

🇰🇿 төлеуші

🇬🇪 მდივანი

🇦🇿 ödəyici

🇲🇽 pagador

Word origin

The word 'payor' originated from the Middle English word 'paier', which came from the Old French 'paier', meaning 'to pay'. The concept of paying for goods or services has been a fundamental part of human society for centuries, with various methods of payment evolving over time.