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Payer

//ˈpeɪ.ɚ// name, noun

Definitions

Proper Noun
  1. 1
    A surname.
Noun
  1. 1
    One who pays; specifically, the person by whom a bill or note has been, or should be, paid.

    "The company is the largest tax payer in the region."

  2. 2
    a person who pays money for something wordnet
  3. 3
    A swaption which gives its holder the option to enter into a swap in which they pay the fixed leg and receive the floating leg.

Etymology

From pay + -er (“subject of action”).

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