English definition of Payee

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Definition of payee

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Payee (n.) 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..

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Payee :: Payee (n.) 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..

Holder :: Holder (n.) The payee of a bill of exchange or a promissory note, or the one who owns or holds it..