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Legal Dictionary

payor

Legal Definition of payor

Noun

  1. The person who is making the payment(s). Again, in the context of family law, the word would typically refer to the person to a support or maintenance debtor. In commercial law, the word refers to the person who makes the payment on a check or bill of exchange.

Definition of payor

Alternative spellings

Noun

payor (plural payors)

  1. (Healthcare, medical insurance) The maker of a payment.

References:

  1. Wiktionary. Published under the Creative Commons Attribution/Share-Alike License.



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