Definition, Meaning & Anagrams | English word PAYER

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Definitions of PAYER

1. One who pays; specifically, the person by whom a bill or note has been, or should be, paid.
2. (finance) 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.
3. A surname.

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Examples of Using PAYER in a Sentence

• Julius Johannes Ludovicus Ritter von Payer (2 September 1841 – 29 August 1915), ennobled Ritter von Payer in 1876, was an officer of the Austro-Hungarian Army, mountaineer, arctic explorer, cartographer, painter, and professor at the Theresian Military Academy.
• Further, with tributes, a recognition of political submission by the payer to the payee is uniquely required.
• In finance, a default option, credit default swaption or credit default option is an option to buy protection (payer option) or sell protection (receiver option) as a credit default swap on a specific reference credit with a specific maturity.
• One major reason for high prescription drug prices in the United States relative to other countries is the inability of government-granted monopolies in the American health care sector to use their bargaining power to negotiate lower prices, and the American payer ends up subsidizing the world's R&D spending on drugs.
• In most cases, PayPoint's fees are usually paid by the payee organisation rather than by the payer, the notable exception being deposits into Monzo bank accounts, for which Monzo deducts a £1 fee from the deposited amount.
• The largest corporate tax payer is Valtra, a manufacturer of tractors and agricultural machinery, which is a part of AGCO Corporation, followed by Kurikka Timber, a manufacturer of window components.
• In that case, appreciation or depreciation since the last reset is paid and the notional is increased by any payment to the floating leg payer (pricing rate receiver) or decreased by any payment from the floating leg payer (pricing rate receiver).
• In 2009 Goldberg was co-author of the Sphinx Mix Format, which is nowadays implemented with the extension of a per-hop payload to increase the privacy of both payer and payee while routing Bitcoin payments through the Lightning Network.
• The insurance company (payer) processes the claims, usually by medical claims examiners or medical claims adjusters.
• In late July 2009, he secured a full House floor vote for single payer health care in exchange for not amending America's Affordable Health Choices Act of 2009 in committee mark-up with a single-payer plan.
• The use of the Bank State Branch (BSB) identifier was introduced in the early 1970s with the introduction of MICR on cheques to mechanise the process of data capture by the banks as well as for mechanical sorting and bundling of physical cheques for forwarding to the payer bank branch for final cheque clearance.
• Until the payer's bank actually sends the funds, both payer and payee have the "same" money in both of their accounts.
• Australia requires payers of interest, dividends and other payments to withhold an amount when the payee does not provide a tax file number or Australian Business Number to the payer.
• Under British tax rules, the taxability of foreign earned income depends upon the domicile of the tax payer and whether the funds are remitted to the United Kingdom.
• In Spain, since November 2011 there is also a campaign named A-pagón: No pagues centrales nucleares y de carbón (A-pagón: Don't pay for nuclear and coal-fired power stations) related to the avoiding of the augmentative term "pagón" which could be translated as "big payer".
• Before the payer's banker will allow the transaction to take place, the payer must have advised the bank that they have authorized the payee to directly draw the funds.
• "Disease mongering" as a label for the "invention" or promotion of diseases in order to capitalize on their treatment was first used in 1992 by health writer Lynn Payer, who applied it to the Listerine mouthwash campaign against halitosis (bad breath).
• However, if the payee certifies on the W-9 they are not subject to backup withholding they generally receive the full payment due them from the payer.
• CipSoft was founded on 8 June 2001 by Guido Lübke, Stephan Payer, Ulrich Schlott, and Stephan Vogler.
• The fundamental difference is that standing orders send payments arranged by the payer, while direct debits are specified and collected by the payee.

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