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Definitions of payee
  1. noun
    a person to whom money is paid
    type of:
Definition that contains payee
  • scrip a certificate whose value is recognized by the payer and payee; scrip is not currency but may be convertible into currency
  • endorsement in blank an endorsement on commercial paper naming no payee and so payable to the bearer
  • blank endorsement an endorsement on commercial paper naming no payee and so payable to the bearer
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