payer

UK: ˈpeɪə | US: ˈpeɪər

Definition

  1. n. a person or entity that makes a payment

  2. n. (law) the party responsible for fulfilling a financial obligation

Structure
pay <to give money>er <agent noun suffix>
Etymology

The word "payer" originates from the Old French "paier," meaning "to pay," which itself derives from the Latin "pacare" (to pacify or settle a debt). The suffix "-er" is an English agentive suffix, indicating a person who performs the action (e.g., "teacher," "runner"). Thus, "payer" logically evolved to mean "one who pays."

Examples

  1. The payer must submit the invoice by the due date.

  2. As the primary payer, he ensured all bills were settled on time.

  3. The court ordered the payer to compensate the damages.

  4. The insurance company acts as the payer for medical expenses.

  5. Late fees will be charged if the payer misses the deadline.