TeachMeFinance.com - explain Payee
payee -- the person or organization to whom a check, draft, or note is payable. The payee's name follows the words: "Pay to the order of."
Payee -- 1. The person or organization to whose order a check or draft or note is made payable.
Payee. -- The one to whom a check, bill of exchange or draft, promissory note or any order for money is payable.
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