Examlex
Match the term on the left to its description on the right.
-macro language
Payee
The individual or entity to whom money is payable, typically the recipient of a check or electronic payment.
Demand Instrument
A financial document, like a check or promissory note, that is payable on demand or presentation.
Time Instrument
A financial document that specifies payment to be made at a future date.
Payee
The individual or entity to whom a payment is to be made.
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