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Definition of Payee
1. Noun. A person to whom money is paid.
Definition of Payee
1. 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.
Definition of Payee
1. Noun. One to whom money is paid. ¹
¹ Source: wiktionary.com
Definition of Payee
1. one to whom money is paid [n -S]
Lexicographical Neighbors of Payee
Literary usage of Payee
Below you will find example usage of this term as found in modern and/or classical literature:
1. South Eastern Reporter by West Virginia Supreme Court of Appeals, West Publishing Company, South Carolina Supreme Court (1911)
"The payee's name appeared to have been signed on the face of the note, ...
In the petition It was alleged that the payee had Indorsed the note to the ..."
2. Cyclopedia of Law and Procedure by William Mack, Howard Pervear Nash (1903)
"intended payee,16 as in case of a mere misspelling of the name in the indorsement ;1V
but the name (used by mistake) of an actual person, who was not the ..."
3. United States Supreme Court Reports by Lawyers Co-operative Publishing Company, United States Supreme Court (1885)
"The •«13 OTTO. notes were made for the accommodation of the payee. The payee,
however.secured possession of the notes without complying with the conditions, ..."
4. A Practical Treatise of the Law of Evidence, and Digest of Proofs, in Civil by Thomas Starkie (1891)
"So it is no defence to an action by the payee against the maker of a promissory
note, that the payee had agreed to convey an estate to the maker in ..."
5. The Negotiable Instruments Law Annotated: With References to the English by Joseph Doddridge Brannan, James Barr Ames, Lyman Denison Brewster, Charles Louis McKeehan (1911)
"The opinion first established at some length that B. was an assignee who succeeded
merely to the payee's rights. Then it reasoned that since B. could have ..."
6. The Law of Negotiable Instruments: Statutes, Cases and Authorities by Ernest Wilson Huffcut (1898)
"A check must name or indicate a payee. Checks drawn payable to an impersonal
payee, as to " bills payable " or order, or to a number or order, ..."