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.
Payments for insurance coverage
- policyholderOwner of insurance contract
- insurerEntity providing financial protection
- coverageExtent of inclusion
- beneficiaryDesignated asset receiver
deductible · reimbursement · claims · underwriting · HMO · PPO · Medicare · Medicaid
Distribution of funds
- payoutMoney distributed to recipient
- remittanceFunds sent elsewhere
- compensationPayment for services rendered
- restitutionRestoring what was lost
indemnity · agreement · resolution · transaction · reparation · discharge · liquidation · negotiation
premiums
Payments for insurance coverage
- policyholderOwner of insurance contract
- insurerEntity providing financial protection
- coverageExtent of inclusion
beneficiary · deductible · reimbursement · claims · underwriting · HMO · PPO · Medicare · Medicaid · out-of-pocket
disbursement
Distribution of funds
- payoutMoney distributed to recipient
- remittanceFunds sent elsewhere
- compensationPayment for services rendered
restitution · indemnity · agreement · resolution · transaction · reparation · discharge · liquidation · negotiation · adjustment
creditor
One owed money
arrears · default · liability · overdue · borrower · lender · invoice · collection · obligation · balance
- contract partiesparty, counterparty, signatory, buyer, seller
- financial rolesinvestor, borrower, lender, creditor, debtor
- loan termsunsecured loans, interest rate, loan term, short-term, secured loans
- pay attentionConcentrate on something
- pay offDischarge a debt
- pay forProvide money owed
- pay backReturn money owed
- pay the priceSuffer deserved consequences
- pay the billsDischarge monetary debts owed
pay, payment, repay, repayment, payments, payable, payer, payers, repaying