payor

One who pays

Payor is a variant spelling of payer—the person or entity that pays.

The form appears primarily in legal, insurance, and financial contexts: the payor of record, payor ID number.

Outside these specialized domains, payer is standard.

insurance

premiums

Payments for insurance coverage

beneficiary · deductible · reimbursement · claims · underwriting · HMO · PPO · Medicare · Medicaid · out-of-pocket

settlement

disbursement

Distribution of funds

restitution · indemnity · agreement · resolution · transaction · reparation · discharge · liquidation · negotiation · adjustment

debt

creditor

One owed money

arrears · default · liability · overdue · borrower · lender · invoice · collection · obligation · balance

Categories
Opposites
financial transaction role

payorpayee

Person owed payment

recipient · beneficiary · receiver · creditor · collector

Phrases
Family

pay, payment, repay, repayment, payments, payable, payer, payers, repaying

Familiarity
Top 500,000
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Used worldwide · Timeless · Rated G