noun
- a person or organization that pays money, especially for goods, services, or debts
Examples
- The insurance company is the payer for most medical expenses.
- As the primary payer, she handles all the household bills.
- The government is often the largest payer in healthcare systems.
- Credit card companies require payers to make minimum monthly payments.
- The payer must provide proof of payment within 30 days.
- Small businesses struggle when payers delay their payments.