Meaning & use
payer
Last updated
a person or organization that pays for something, especially in a financial or insurance transaction.
See it in a sentence
The insurance payer approved the claim after reviewing the medical records.
As the primary payer on the loan, she was responsible for the monthly installment.
A note on using this word
Common in healthcare and finance, where it's contrasted with 'payee,' the person who receives the payment.
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