Payer(redirected from PAIE)
Also found in: Dictionary, Thesaurus, Medical, Legal, Acronyms.
The person making a payment to a payee.
A person or institution that makes a payment. In ordinary transactions, the buyer is the payer, though a third party may be the payer in some circumstances. In bonds and loans, the issuer or borrower is the payer to the bondholder or lender. In equities, a publicly-traded company is the payer of dividends. See also: Payee.