Oct 7, 2025 · A payee is an entity or person who receives payment in exchange for providing goods or services, with transactions typically involving various forms of monetary exchange, such as cash or …

The meaning of PAYEE is one to whom money is or is to be paid. How to use payee in a sentence.

We appoint a suitable representative payee (payee) who manages the payments on behalf of the beneficiaries. Generally, we look for family or friends to serve as payees. When friends or family …

A payee refers to a person, business, government, or any other entity that receives payment for providing goods or services. In other words, when a party owes money to another, the latter is the …

Dec 2, 2021 · A payee is a person or organization that receives payment, such as for goods or services. Payment can be in any form, including cash, a check, a money order, or an electronic transfer of funds.

He is either the payee in possession of an order cheque or the bearer of a bearer cheque.

Sep 17, 2025 · A payee is a person or entity that receives or is scheduled to receive a payment. The payee is usually entitled to a payment because it has provided goods or services to the payer.

Sep 25, 2025 · A payee is a person or organization that receives money from someone else, either through a bank transfer, check, or other payment method. This can be a friend, family member, or …

PAYEE definition: a person to whom a check, money, etc., is payable. See examples of payee used in a sentence.

For example, when writing a check, the person who the check is made out to is the payee. When paying a bill, the company such as the utility company who is being paid is the payee.