The person making a payment to a payee. Bloomberg Financial Dictionary
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a person or organization that pays a particular bill, debt etc:
• Further tax relief is given to mortgage payers.
• Credit agencies always check whether someone has been a bad payer (= does not pay their bills ) in the past.
— compare payee* * *
payer UK US /ˈpeɪər/ noun [C]
► FINANCE a person or an organization that pays or has to pay something: licence/mortgage/tax payer »
All 26 million basic-rate income tax payers will benefit next year from a 1% cut in the tax rate.
Financial and business terms. 2012.