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

Oct 7, 2025 · What Is a Payee? A payee is the party in a financial transaction that receives payment in exchange for goods or services.

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

When a note is discounted at a bank the payee indorses it, making it payable to the bank.

The payee of a cheque or similar document is the person who should receive the money. On the check, write the name of the payee and then sign your name.

Jun 8, 2023 · Checks A payee in a check is the person or entity to whom the check is due. It follows after the phrase "Pay to the order of" in the face of the check. This person or entity is …

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 …

Anyone who is paid is a payee, but the term is most commonly used to mean the person (or organization) whose name is written on a check after the words "pay to the order of."

Sep 3, 2025 · What Is the Payee? The payee is the party that receives payment, usually in exchange for a product or service but also to settle other financial obligations. The payee can …

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 …