Panic! at the Disco. The name Panic! at the Disco was taken from the song Panic by Name Taken. The line panic at the disco, sat back and took it so slow.. inspired the band to take the first half and add some strategically placed punctuation.
A payee is the party in an exchange who receives payment. A payee is paid in cash, check or other transfer medium by a payer, with the payer receiving goods or services in return. The name of the payee is included in the bill of exchange, and it usually refers to a natural person or an entity such as a business, trust or custodian.
Sometimes financial jargon is puzzling, and payee is one of those words that causes confusion. A payee is a person or organization that receives a payment. That payment can be in any form, including cash, a check, or an electronic transfer of funds. The payee receives the payment from the payer (or âpayorâ if you prefer), which is the person or organization that makes the payment. A common example of a payee is found in banking (on a check): the payee is the person or organization to whom the check is written. The payeeâs name is written on the line that says âPAY TO THE ORDER OF.â