payee
payee
Definition
payee (pā ē′)
noun
the person to whom a payment is made or owed
payee
Synonyms
payee
n.
payee
Law Definition
n
Any person to whom a debt is
to be paid; one to whose order a check or other negotiable instrument is made
out.
payee
Usage Examples
Possessives
- account: Standing order - a transfer of money directly from the payee's bank account to the University of the Arts London.
- name: Checks Check details need careful scrutiny ( signature, date, payee's name, amount ).
- bank: Should check payments be returned unpaid by the payee's bank we will charge a £ 8 administration fee to cover our expenses.
Converse of object
- cross: All checks should be made payable to " HMCS " and be crossed account payee.
- add: This gives you the option to add this payee to your payee list, so their account details are saved for future use.
- change: To change the payee for Child Care Benefit you should ring the Child Benefit Center on 0845 202 1444.
- nominate: In this case, the full name and address of the nominated payee must be provided to the Trust.
- know: Let's review the problems: The list of known payees is badly organized.
Adjective modifier
- relevant: For example, a personal stockbroker is likely to have far more interaction with a relevant payee than an internet broker.
- main: The main payee is the person who is awarded the benefit.
- new: You can also set up a new payee whilst making a Funds transfer, you then have the option of saving the payee.
- other: Checks quoting any other payee will not be accepted.
Modifies a noun
- list: Once you have returned your completed form to us, we will send you your own customized payee list card.
- line: From this date the name of the person who holds the account will also be required in the payee line.
- detail: Modify my payee details You can modify the payee details currently stored in internet banking.
- name: The payee name on the check must exactly match your ING Direct account name.
- bank: I will arrange for the documentation which the payee bank will need to transfer the sum to you.
Noun used with modifier
- a/c: By Post Make checks payable to Kingston Corporation and crossed ' A/C payee only ' .
- account: Payment will be made by either BACS directly into your account or by an " account payee " crossed check.
- loss: They will normally insist that they are named as additional insureds and " sole loss payee " .
Browse dictionary entries near payee
- payday loan
- payday
- paycheck
- payback
- payables turnover
- payables
- payable to order
- payable to bearer
- payable
- pay-to-play
