payer

noun

pay·​er ˈpā-ər How to pronounce payer (audio)
variants or less commonly payor
: one that pays
especially : the person by whom a bill or note has been or should be paid
He is a prompt bill payer.

Examples of payer in a Sentence

Recent Examples on the Web
These examples are automatically compiled from online sources to illustrate current usage. Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Generally, payers in both the public markets, such as Medicare and Medicaid, as well as insurers in the commercial sector, each make coverage decisions. Joshua P. Cohen, Forbes, 2 Nov. 2024 Change Healthcare offers payment and revenue cycle management tools for medical providers and payers, as well as other solutions such as electronic prescription software. Annika Kim Constantino,ashley Capoot, CNBC, 31 Oct. 2024 Yes, but: A lot of investors are shying away from tools sold to providers saddled with rising health costs and instead turning to pharmaceuticals or payers. Tina Reed, Axios, 22 Oct. 2024 Advertisement The rise in yields helped knock down stocks that tend to get hurt by higher interest rates, such as big dividend payers and businesses in the housing industry. Stan Choe, Los Angeles Times, 21 Oct. 2024 See all Example Sentences for payer 

Word History

First Known Use

14th century, in the meaning defined above

Time Traveler
The first known use of payer was in the 14th century

Dictionary Entries Near payer

Cite this Entry

“Payer.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/payer. Accessed 5 Nov. 2024.

Legal Definition

payer

variant of payor

More from Merriam-Webster on payer

Last Updated: - Updated example sentences
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