Payer Meaning
/ˈpeɪ.ɚ/Definition, CEFR level C1, pronunciation, examples, and quiz.
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Definition
nounOne who pays; specifically, the person by whom a bill or note has been, or should be, paid.
nounA swaption which gives its holder the option to enter into a swap in which they pay the fixed leg and receive the floating leg.
Sentence Examples
The payer of the bill was unknown.
She was the payer of the mortgage.
The tax payer requested a copy of the receipt.
CEFR Practice Quiz
The insurance ____ sent the premium check to the policyholder last week.
CEFR Practice Quiz (Alternate)
The insurance ____ agreed to cover the full cost of the surgery after reviewing the claim.
Word Origin & History
Etymology tree English pay Proto-Indo-European *-yósder. Proto-Italic *-āzijos Latin -āriusnom. Latin -āriusbor. Proto-Germanic *-ārijaz Proto-West Germanic *-ārī Old English -ere Middle English -ere English -er English payer From pay + -er (“subject of action”).
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CEFR Practice Quiz
The insurance ____ sent the premium check to the policyholder last week.
CEFR Practice Quiz (Alternate)
The insurance ____ agreed to cover the full cost of the surgery after reviewing the claim.