payer
Meaning
- One who pays; specifically, the person by whom a bill or note has been, or should be, paid.
- A swaption which gives its holder the option to enter into a swap in which they pay the fixed leg and receive the floating leg.
Synonyms
Translations
Pronounced as (IPA)
/ˈpeɪ.ɚ/
Etymology
From pay + -er (“subject of action”).
Notes
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