payee. (18c) One to whom money is paid or payable; esp.,
a party named in COMMERCIAL paper as the recipient of
the payment. Cf. PAYOR....payor. (l6c) One who pays; esp., a person responsible for
paying a negotiable instrument. Also spelled payer.
See DRAWEE; PAYEE.
Printed copy · Anthology Volume 3, page 1322 · cut by a page breakPrinted copy from The Tender For Law Anthology, Volume 3, page 1322 (printed 13 June 2014). Added by this site; not part of the Facebook export. A page break in the printout cut off the end of this comment.