payor

noun
pay·​or | \ ˈpā-ər, -ˌȯr; pā-ˈȯr \
variants: also payer \ ˈpā-​ər How to pronounce payor (audio) \

Legal Definition of payor

: a person who pays specifically : the person by whom a note or bill has been or should be paid

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Dictionary Entries Near payor

payola

payor

payor bank

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Cite this Entry

“Payor.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/payor. Accessed 12 Aug. 2022.

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