ˈpāər noun
also pay·or “, (ˈ)pā|ȯ(ə)r
( -s )
Etymology: payer from Middle English, from payen to pay + -er; payor from pay (I) + -or — more at pay
: one that pays: as
a. : the person by whom a bill or note has been or should be paid
b. : a person (as a parent) who agrees to pay the premium on a juvenile policy