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TeachMeFinance.com - explain Payer payer -- the person or organization who is responsible for paying the amount stated on the face of a negotiable instrument.
Payer -- (Or Payor.) One who pays or is to pay, particularly the person who is to make payment of a check, bill, note, or account.
Payer -- The one who pays, as the one who pays a bill of exchange or draft or a promissory note. Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer. |