Words / P / Business

payer

noun/ˈpeɪə/

A2CEFR level
20/100Rarity: fairly common
TechnicalRegister

The person or party who makes a payment.

On a direct debit, the payer can reclaim the money instantly if the amount was ever taken in error.

Similar: remitter

Topic: Finance in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Finance