Payee

Pronunciation: /peɪˈiː/

Definitions of payee

noun a person or entity to whom money is paid

Example Sentences

A1 The payee is the person or company receiving the payment.

A2 Please make sure to write the correct name of the payee on the check.

B1 The payee of the invoice must be clearly stated for accounting purposes.

B2 The payee of the scholarship funds was a deserving student from the local community.

C1 As the payee of the contract, you are entitled to certain rights and benefits.

C2 The payee of the grant must submit detailed reports on how the funds are being used.

Examples of payee in a Sentence

formal The payee must endorse the check before depositing it into their bank account.

informal Make sure the payee signs the check before cashing it.

slang Tell the payee to put their John Hancock on the check before spending the money.

figurative The payee of kindness is always rewarded in the end.

Grammatical Forms of payee

• past tense: paid
• plural: payees
• comparative: more payee
• superlative: most payee
• present tense: pay
• future tense: will pay
• perfect tense: have paid
• continuous tense: is paying
• singular: payee
• positive degree: payee
• infinitive: to pay
• gerund: paying
• participle: paying

Origin and Evolution of payee

First Known Use: 1601 year

Language of Origin: French

Story behind the word: The word 'payee' originated from the French word 'payé' which means 'paid'.

Evolution of the word: The term 'payee' has retained its original meaning of being the recipient of payment, but has become more commonly used in legal and financial contexts.