payee

American  

[pey-ee] / peɪˈi /

noun

1. a person to whom a check, money, etc., is payable.

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payee British  

/ peɪˈiː /

noun

1. the person to whom a cheque, money order, etc, is made out

2. a person to whom money is paid or due

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Etymology

Origin of payee

First recorded in 1750–60; pay ¹ + -ee

Compare meaning

How does payee compare to similar and commonly confused words? Explore the most common comparisons:

• payer vs. payee

Example Sentences

As a taxpayer, a Social Security payee, and someone who appreciates efficiency and good government, I am grateful to them.

From MarketWatch

According to the IRS, the alternate payee who receives the funds can roll over the distribution from a qualified retirement plan tax-free with a QDRO.

From Salon

Hayes allegedly deposited the checks in her accounts at various banks by forging the signatures of payees, prosecutors said.

From Los Angeles Times

Jack also approved these – which meant he had been tricked into setting up three new payees.

From BBC

The payees ranged from China to Saudi Arabia to the Democratic Republic of Congo.

From Seattle Times

Related Words

• heir
• recipient