Definitions
from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun One to whom money is paid.
from The Century Dictionary.
- noun A person to whom money is paid or is to be paid; specifically, in law, the party in whose favor the promise or direction to pay negotiable paper is expressed.
from the GNU version of the Collaborative International Dictionary of English.
- noun The person to whom money is to be, or has been, paid; the person named in a bill or note, to whom, or to whose order, the amount is promised or directed to be paid. See Bill of exchange, under
Bill .
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun One to whom money is paid.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun a person to whom money is paid
Etymologies
from Wiktionary, Creative Commons Attribution/Share-Alike License
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Examples
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In general, if the payee is a foreign bank or other financial institution registered with the Ministry of Finance, the interest payments will be subject to withholding tax at the rate of 15% or 4.9% for residents of a tax treaty partner.
Doing business in Mexico: general legal, business & entry issues 2007
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In general, if the payee is a foreign bank or other financial institution registered with the Ministry of Finance, the interest payments will be subject to withholding tax at the rate of 15% or 4.9% for residents of a tax treaty partner.
Doing business in Mexico: general legal, business & entry issues 2007
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A payee is an account that does not send you a bill regularly, such as a mortgage, landlord, or car payment.
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Under California law, those payments should stop upon the death of the payee, which is Michael Jackson.
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A crossed cheque can only be paid directly into the account of the person or organisation - known as the payee - to which it is made out.
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A crossed cheque can only be paid directly into the account of the person or organisation - known as the payee - to which it is made out.
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a European consul in favour of one of his trading countrymen; the former when the payee was a friendless Persian.
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The "payee" is the one for whom the check is made.
Business Hints for Men and Women Alfred Rochefort Calhoun
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They said Chinloy offered to get the mortgage and they'd pay him with a check, leaving blank the "payee" line.
SplicedFeed 2010
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Traditional payment networks used by most banks involve many intermediary institutions that handle the money en route from payer to payee.
Safeguarding the Financial Supply Chain Kerry Agiasotis 2011
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