payer

[pey-er]

noun

1. a person who pays. pay.

2. the person named in a bill or note who has to pay the holder.

payer

/ ˈpeɪə /

noun

1. a person who pays

2. the person named in a commercial paper as responsible for its payment on redemption

Word History and Origins

Origin of payer¹

Middle English word dating back to 1325–75; pay ¹, -er ¹

Example Sentences

By law, Medicaid already gets the lowest price of any commercial payer.

Read more on The Wall Street Journal

But Medicaid plans already pay lower prices than other payers for prescription drugs, and it is unclear how much lower a most favored nation price would actually be.

Read more on Barron's

A spokesperson clarified AI was only used this way as part of criminal investigations - not on the everyday tax payer.

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She said plans "must also include credible proposals to improve the water system's resilience to droughts, without placing an additional burden on bill payers and taxpayers".

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Yoti looks at who the bill payer is, and if it is an adult paying for a child's phone - such as on a family plan.

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