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Dictionary
payees
noun
Plural of payee
Exact(20)
Bonds may be registered in the names of designated parties, as payees, though more often, in order to facilitate handling, they are made payable to the "bearer".
Either producers must find a way to record and transfer balances from many users to many payees, or users must purchase many special-purpose cards.
In addition to guides for power of attorney agents and representative payees, there are guides for those who have been appointed guardians by a court and for those named as trustees under "revocable living trusts".
Roughly 22 million people age 60 and older have named someone in a power of attorney to make financial decisions for them, Ms. Karp said, and about four million adults on Social Security or Supplemental Security Income have representative payees; 85 percent are family members, without any professional experience acting on someone else's behalf.
The names of some individual payees are left out because the payments involve salary or expense reimbursements.
"It's a good bill that balanced the needs of the payees and those who are paying their spouses," said Denise Squillante, a family law lawyer who worked on the task force that wrote the bill.
Similar(35)
Mr Gilmartin says that the money was meant to be a contribution to party funds but that Mr Flynn, who denies wrongdoing, told him to leave the cheque's payee line blank.This is where Mr Ahern comes in.
The report also found that young mobile bankers were likely to use more products and less likely to incur overdraft fees.Finextra, a financial news agency, conducted research which found that over a quarter of 18- to 24-year-olds are frustrated by using a card reader every time they set up a new payee.
Although banks can use these codes to identify online gambling firms and their intermediaries, they cannot readily do the same for other sorts of transactions, many of which are likely to be exempted from the final regulations".Banks have no way now of reading who the payee is on paper cheques," according to Nelson Rose, a gambling expert at the Whittier Law School in California.
These include the payee's identity-card number and its date of issue; and the payee's bank-account number; and the issuing company's address and account number; and the signatures of both the company's authorised signatory and its chief accountant; and the company chop, or seal.
It has been defined in England as an unconditional order in writing addressed by one person to another, signed by the person giving it (the drawer), and requiring the person to whom it is addressed (the drawee) to pay on demand or at a fixed or determinable future time a certain sum of money to, or to the order of, a specified person (the payee) or to the bearer.
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