Payor vs. Payer — What's the Difference?

Payer.

One named responsible for paying a bill or note.

Variant of payer.

A person or organization that gives someone money that is due for work done, goods received, or a debt incurred

One who makes a payment.

One that pays

See Payer.

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

(finance) 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.

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

A person who pays money for something