Background for payer
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payer

/ˈpeɪ.ɚ/

Meanings
noun
One who pays; specifically, the person by whom a bill or note has been, or should be, paid.

Examples :

"The payer of the electricity bill is my father, since it's his responsibility to pay for the house's energy usage. "
person business finance economy

Related Words

Illustration should

should verb

/ʃʊd/ /ʃəd/

(modal, auxiliary verb, defective) Used before a verb to indicate the simple future tense in the first person singular or plural.

"I hope that we shall win the game."

Illustration responsibility

responsibility noun

/ɹɪˌspɑnsəˈbɪlɪɾi/

The state of being responsible, accountable, or answerable.

"Responsibility is a heavy burden."

Illustration floating

floating verb

/ˈfləʊtɪŋ/ /ˈfloʊtɪŋ/

Of an object or substance, to be supported by a liquid of greater density than the object so as that part of the object or substance remains above the surface.

"The boat floated on the water."

Illustration purchased

purchased verb

/ˈpɜːtʃəst/ /ˈpɝtʃəst/

To buy, obtain by payment of a price in money or its equivalent.

"to purchase land, to purchase a house"

Illustration against

against preposition

/əˈɡeɪnst/ /əˈɡɛ(ɪ)nst/ /əˈɡɛnst/

In a contrary direction to.

"It is hard work to swim against the current."

Illustration person

person noun

/ˈpɜːsən/ /ˈpɝsən/

An individual; usually a human being.

"Each person is unique, both mentally and physically."

Illustration specifically

specifically adverb

/spəˈsɪf.ɪk.li/

In a specific manner, applying to or naming a particular thing or things, expressly, explicitly

"My teacher explained the new math formula specifically for students in the advanced class. "

Illustration interest

interest noun

/ˈɪntəɹɪst/ /ˈɪntəɹst/

The price paid for obtaining, or price received for providing, money or goods in a credit transaction, calculated as a fraction of the amount or value of what was borrowed.

"Our bank offers borrowers an annual interest of 5%."

Illustration receive

receive noun

/ɹɪˈsiːv/

An operation in which data is received.

"The data receive from the sensor showed a temperature increase. "

Illustration electricity

electricity noun

/ɪˌlɛkˈtɹɪsɪti/ /iˌlɛkˈtɹɪsɪti/

Originally, a property of amber and certain other nonconducting substances to attract lightweight material when rubbed, or the cause of this property; now understood to be a phenomenon caused by the distribution and movement of charged subatomic particles and their interaction with the electromagnetic field.

"The electricity bill was unusually high this month, likely due to the many electronics running in the house. "

Illustration exercise

exercise noun

/ˈɛk.sə.saɪz/ /ˈɛk.sɚ.saɪz/

Any activity designed to develop or hone a skill or ability.

"The teacher told us that the next exercise is to write an essay."

Illustration swaption

swaption noun

/ˈswɒpʃən/ /ˈswɑːpʃən/

An instrument granting the owner an option to enter an interest rate swap.

"The company bought a swaption to protect itself against rising interest rates on its loan, giving it the right, but not the obligation, to enter into an interest rate swap at a later date. "