Hypertext Webster Gateway: "payee"
From Webster's Revised Unabridged Dictionary (1913) (web1913)
Payee \Pay*ee"\, n.
The person to whom money is to be, or has been, paid; the
person named in a bill or note, to whom, or to whose order,
the amount is promised or directed to be paid. See {Bill of
exchange}, under {Bill}.
From WordNet (r) 1.7 (wn)
payee
n : a person to whom money is paid
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