„Payee“
What does Payee stand for?
1. The person or organization to whose order a check or draft or note is made payable.
2. One to whom money is paid or is to be paid.
Source:
Financial and BankingView all itemsRees, Martha. “Dictionary of Accounting Terms.” Barron’s Business Guides, 5th Edition, Barron’s Educational Series, 2010.