# payer

> English word · Noun · IPA /ˈpeɪ.ɚ/ · frequency rank #21,895

## Definitions
1. One who pays; specifically, the person by whom a bill or note has been, or should be, paid.
2. 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.

## Etymology
From pay + -er (“subject of action”).

## Easily confused with
- **per** (https://plainspell.com/en/vs/payer-vs-per)
- **pye** (https://plainspell.com/en/vs/payer-vs-pye)
- **pays** (https://plainspell.com/en/vs/payer-vs-pays)
- **peer** (https://plainspell.com/en/vs/payer-vs-peer)
- **pier** (https://plainspell.com/en/vs/payer-vs-pier)
- **power** (https://plainspell.com/en/vs/payer-vs-power)
- **Peter** (https://plainspell.com/en/vs/payer-vs-peter)
- **poker** (https://plainspell.com/en/vs/payer-vs-poker)
- **Payne** (https://plainspell.com/en/vs/payer-vs-payne)
- **piper** (https://plainspell.com/en/vs/payer-vs-piper)
- **Pryor** (https://plainspell.com/en/vs/payer-vs-pryor)
- **poser** (https://plainspell.com/en/vs/payer-vs-poser)
- **played** (https://plainspell.com/en/vs/payer-vs-played)
- **player** (https://plainspell.com/en/vs/payer-vs-player)
- **prayer** (https://plainspell.com/en/vs/payer-vs-prayer)
- **prayed** (https://plainspell.com/en/vs/payer-vs-prayed)
- **placer** (https://plainspell.com/en/vs/payer-vs-placer)
- **players** (https://plainspell.com/en/vs/payer-vs-players)
- **prayers** (https://plainspell.com/en/vs/payer-vs-prayers)
- **pay** (https://plainspell.com/en/vs/pay-vs-payer)

## Common misspellings (7)
`apyer`, `paeyr`, `payerr`, `payre`, `payyer`, `ppayer`, `pyaer`

## Source
Compiled from Wiktionary via kaikki.org (CC BY-SA). Data vintage: 2026-05-06.
Canonical page: https://plainspell.com/en/word/payer