1. people or organizations to whom money is paid or is to be paid
Usage: plural of payee

Examples

• The bank verified the identities of all payees before processing the transfers.
• Insurance payees must provide proper documentation to receive their claims.
• The company’s accounting department maintains a list of approved payees.
• Direct deposit allows employers to send payments electronically to payees.
• All payees on the check must endorse it before it can be cashed.
• The will specified three payees who would receive equal portions of the estate.