Payee vs Payout - What's the difference?
payee | payout |
An amount of money paid out.
*{{quote-magazine, date=2013-06-08, volume=407, issue=8839, page=55, magazine=(The Economist)
, title= The value of dividends paid to shareholders.
As a verb payee
is .As a noun payout is
an amount of money paid out.payout
English
Noun
(en noun)Obama goes troll-hunting, passage=According to this saga of intellectual-property misanthropy, these creatures [patent trolls] roam the business world, buying up patents and then using them to demand extravagant payouts from companies they accuse of infringing them. Often, their victims pay up rather than face the costs of a legal battle.}}