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Legal Definitions - payer

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If we desire respect for the law, we must first make the law respectable.

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Definition of payer

Definition: Payer refers to a person or entity who is responsible for making a payment, especially for a negotiable instrument.

Example: If you have health insurance, your insurance company is the payer for your medical bills. Similarly, if you write a check, the person or organization who receives the check is the payee, and the bank or financial institution that processes the payment is the payer.

The examples illustrate that a payer is someone who is responsible for making a payment, whether it is for medical bills or a check. The payer is the one who is obligated to provide the funds for the payment to be made.

The young man knows the rules, but the old man knows the exceptions.

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Simple Definition

A payer is someone who pays for something. This can be a person who is responsible for paying a bill or a negotiable instrument. Another word for payer is payor. The term drawee is also related to payer, as it refers to the person who is expected to pay a check or other financial instrument.

A lawyer is a person who writes a 10,000-word document and calls it a 'brief'.

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A judge is a law student who marks his own examination papers.

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