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payer

The correct spelling is payer.

How to pronounce payer

/ˈpeɪ.ɚ/
noun

IPA: /ˈpeɪ.ɚ/

Say it like: Pay-er

The correct spelling is payer. One who pays; specifically, the person by whom a bill or note has been, or should be, paid.

Usage Examples

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Definition

noun

  1. 1.One who pays; specifically, the person by whom a bill or note has been, or should be, paid.
  2. 2.A swaption which gives its holder the option to enter into a swap in which they pay the fixed leg and receive the floating leg.

Similar words

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