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TeachMeFinance.com - explain Payee payee -- the person or organization to whom a check, draft, or note is payable. The payee's name follows the words: "Pay to the order of." another definition... Payee -- 1. The person or organization to whose order a check or draft or note is made payable. 2. One to whom money is paid or is to be paid. historic definition... Payee. -- The one to whom a check, bill of exchange or draft, promissory note or any order for money is payable. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.