Payer

From Open Risk Manual

Definition

Payer. A party who pays a bill or fees, or who makes payments to a payee in partial or complete fulfillment of an obligation


See Also

  • Barron's Dictionary of Business and Economics Terms, Fifth Edition, 2012


Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.