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: one to whom money is or is to be paid
The payee must endorse the back of the check.
Examples of payee in a Sentence
The payee must endorse the back of the check.
Recent Examples on the Web
At the time, the attorney said their paralegal looked over it and saw the payoff amount had changed as well as the payee.
—Staff Report, Hartford Courant, 10 Dec. 2024
As a result, third-party settlement organizations were not required to report tax year 2023 transactions on Form 1099-K to the IRS or the payee for the lower $600 threshold amount—the existing $20,000/200 transaction threshold remained in effect through year-end.
—Kelly Phillips Erb, Forbes, 26 Nov. 2024
Real-time alerts for new device logins, contact detail changes, transaction limit increases, the addition of new payees and such like, allowing consumers to respond swiftly to suspicious activity.
—David G.w. Birch, Forbes, 30 Nov. 2024
These include matching payment amount, payment dates, payee information and transaction type, both at the transaction level and the summary level between payment transactions against the corresponding invoices, receipts or other docs.
—Balmukund Shukla, Forbes, 14 Oct. 2024
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Word History
First Known Use
1758, in the meaning defined above
Dictionary Entries Near payee
Cite this Entry
“Payee.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/payee. Accessed 30 Dec. 2024.
Kids Definition
payee
noun
pay·ee
pā-ˈē
: one to whom money is paid or is to be paid
More from Merriam-Webster on payee
Nglish: Translation of payee for Spanish Speakers
Britannica English: Translation of payee for Arabic Speakers
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