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Payer |
Also found in: Dictionary/thesaurus, Medical, Legal, Idioms, Wikipedia, Hutchinson | 0.17 sec. |
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Payer A person who makes a payment to a payee. Notes: In the case of a bond, the issuer is the payer of the predetermined coupons. The purchaser of the bond is the payee, as he or she will be receiving the coupon payments.In the case of dividends, the company is the payer and the shareholder receiving the dividend is the payee. Payer The person making a payment to a payee. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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