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.
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