Meaning of “payer” in the English Dictionary

"payer" in American English

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payernoun [ C ]

us /ˈpeɪ·ər/

a person who pays or owes money that should be paid

(Definition of “payer” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"payer" in Business English

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payernoun [ C ]

uk /ˈpeɪər/ us

FINANCE a person or an organization that pays or has to pay something:

licence/mortgage/tax payer All 26 million basic-rate income tax payers will benefit next year from a 1% cut in the tax rate.
a good/bad/late payer

used to say if a person or organization usually pays their invoices, debts, etc., and if they pay them on time or late:

Some service providers will consider applications even if you are listed as a bad payer.

(Definition of “payer” from the Cambridge Business English Dictionary © Cambridge University Press)

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