Definition of "payor"
  1. The individual or organization who is obliged to make a payment on a promise to pay or obligation
How to use "payor" in a sentence
  1. The bank had to send a reminder to the payor who failed to fulfill his loan payment.
  2. The payor of the utility bill was late in making a payment this month.
  3. After losing his job, the payor was worried about meeting his monthly mortgage obligations.

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