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Payer

Noun CEFR B1
ˈpeɪ.ɚ

Definitions

  1. One who pays; specifically, the person by whom a bill or note has been, or should be, paid.
  2. A surname.
  3. A swaption which gives its holder the option to enter into a swap in which they pay the fixed leg and receive the floating leg.

Equivalents

26 more languages

Examples

The company is the largest tax payer in the region.”
Health insurance depends on both the payer and the provider.”

CEFR level

B1
Intermediate
This word is part of the CEFR B1 vocabulary — intermediate level.
See all B1 English words →

See also

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