Payer
A person who makes a payment to a payee. Investopedia Says:
In the case of a bond, the issuer is the payer of the predetermined coupons. The purchaser of the bond is the payee, as he or she will be receiving the coupon payments.
In the case of dividends, the company is the payer and the shareholder receiving the dividend is the payee. Related Terms:
Bond
Coupon
Coupon Bond
Dividend
Payee
Promissory Note |