payee
Meanings
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noun
A person or organization to whom a payment is made.
Antonyms
payer
Rhymes
Words rhyming with payeestayer , weigher , baler , mayer
Variants
List of all variants of payee that leads to same resultpayee , payees
Etymology
origin and the way in which meanings have changed throughout history.Derived from Old French 'paier', meaning 'to pay'.
Trivia
Any details, considerations, events or pieces of information regarding the word-
In the United States, checks are often made payable to the payee.
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Electronic payments can also be made to payees through various online payment systems.
Related Concepts
informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to-
payer: The person or entity making the payment to the payee.
Culture
Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.In finance and accounting, a payee is the recipient of a payment. Payees can be individuals, businesses, or organizations.
How to Memorize "payee"
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visualize
- Imagine a person or organization receiving a payment.
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associate
- Associate the word with the act of receiving payment.
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mnemonics
- Use the acronym 'PAYEE' to remember: Payments Are Yielded To Each Entity'
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The best and recommended way to memorize payee is, by using Dictozo. Just save the word in Dictozo extension and let the app handle the rest. It enhances the memorization process in two ways:
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Highlighting:
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Periodic Reminders:
Dictozo will send you periodic reminders to remind you the saved word, it will ask you quiz. These reminders could be in the form of notifications or emails, prompting users to recall and reinforce their knowledge.