This phrase refers to the order in which creditors get paid off in the event that a debtor defaults on a loan. The first loss payee would priority over other creditors, and be paid off first.
a payee is wait whats a payee
payee is the person who is to be paid payor is who pays to the payee
The bank receiving the money is the payee. The payee gets whatever from the payer.
The payee is the person to whom the money is owed.The payee is the person to whom the money is owed.The payee is the person to whom the money is owed.The payee is the person to whom the money is owed.
payee's
All checks require a payee. Payee is the person who is going to use the check and get the money. You cannot issue a check that does not have a payee.
To make a check payable to a third party, it must first be signed by the payee. The payee then makes it payable to the third party.
I addressed the check to the payee.
A payee is a person who will receive the funds.
Examples of representative payee fraud include improper application for such position: for example, you cannot be a representative payee if you are a convicted felon in the state for which you are applying. Other forms of representative payee fraud include improper spending of the beneficiaries money for the payee's own needs instead of the beneficiary. Filing a false payee report is also a form of representative payee fraud.
When it comes to money, I want to be the payee.