PAYEE - beneficjent, odbiorca płatności
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The Word of the Week: |
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PAYEE (noun) / peɪˈiː /
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Definition: |
A person or organization that receives money: a person or organization that is paid. |
Example: |
The Eurocheque is free of charge to its payee. |
Polish Translation: |
beneficjent, odbiorca płatności |
Did you know? |
There are a number of examples of payees. A payee is the person to whom a check, promissory note, draft or bill is written out. A payee may also be the one who holds the coupons of a bond. |
Check your memory: |
A ________ amount of money is the total amount before any costs or taxes have been taken away. |
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