Payee Definition:

The person to whom payment is addressed or given.

Related Terms: Payor

The person to whom payment is addressed or given.

In family law, the term usually refers to the recipient, the person who receives or to whom support or maintenance is owed.

In commercial law, the term refers to the person to whom a bill of exchange is made payable.

On a regular cheque or check, the space preceded with the words "pay to the order of", identifies the payee.

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