Splet26. dec. 2024 · A payee is a party in an exchange of goods and services who receives payment. The payee provides goods and services to the payer who obtains them through … Splet11. okt. 2016 · payee - Party to whom a bill of exchange (such as a check or draft) is made payable. Business Dictionary. A third-party transaction is a business deal involving a …
Payee - Definition, Latest News, and Why Payee is Important?
SpletA payee is a person or business entity receiving a payment. If you’re sending an invoice payment, the payee is the vendor, credit card company or government agency to whom you’ve written the... Splet26. dec. 2024 · A payee is a person or entity that receives or is scheduled to receive a payment. The payment may be in any form, including bills, coins, a check, an electronic … dlm east
Payee: Definition, How They
SpletDefenition of word Payee. a person to whom money is paid or is to be paid, especially the person to whom a check is made payable. Sponsored. Other meanings of Payee. Examples. On the other hand, there were dispositions of the company's money between the company and the payees of the cheques. SpletNoun. One who receives, such as one who receives money or goods. (medicine) An individual receiving donor organs or tissues. (chemistry) The portion of an alembic or … SpletThe terms payee and payer (payor) can refer to an individual or an entity: 1. Individual person (e.g., customer, custodian) 2. Public entity (e.g., government body) 3. Private … dlm early childhood