Definition of payee
: one to whom money is or is to be paid The payee must endorse the back of the check.
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Examples of payee in a Sentence
The payee must endorse the back of the check.
Recent Examples of payee from the Web
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The site lets anyone search a database of every expenditure New York City has made this year by agency, contract number, payee name, purpose and amount.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'payee'. Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
First Known Use of payee
1758
Other Economics Terms
PAYEE Defined for English Language Learners
payee
playDefinition of payee for English Language Learners
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: a person or organization that receives money : a person or organization that is paid
Law Dictionary
Learn More about payee
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See words that rhyme with payee Spanish Central: Translation of payee Nglish: Translation of payee for Spanish speakers Britannica English: Translation of payee for Arabic speakers
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