The word "defrayer" is spelled with the phonetic transcription /dɪˈfreɪər/. This word consists of two syllables, and each syllable is pronounced with stress on the second syllable. The first syllable is pronounced as "di" with a short "i" sound, followed by "fray" with a long "a" sound. The final syllable is pronounced as "er" with a schwa sound. The word "defrayer" means to pay off or settle a debt or expense, and is commonly used in finance and accounting contexts.
Defrayer is a noun that refers to a person or entity who pays the cost or expense of something on behalf of another individual or group. It denotes one who assumes financial responsibility or settles the bills or charges incurred by another party. The term often highlights the act of covering or reimbursing expenses, typically associated with financial transactions or obligations.
As a pivotal role in financial interactions, a defrayer settles debts, obligations, or liabilities, thereby relieving the original debtor or beneficiary from shouldering the financial burden. This can include various scenarios such as an individual or corporation paying for goods or services rendered, a sponsor funding an event or project, or an individual covering the costs of another's expenses, for instance within a shared arrangement.
The defrayer is commonly viewed as the party responsible for financing or compensating an expense or cost in a mutually agreed-upon arrangement. Their role entails taking financial responsibility and ensuring that all monetary obligations are met, ensuring the smooth and successful completion of a transaction or the fulfillment of a commitment.
Overall, defrayer encapsulates the notion of someone who assumes the role of paying for, settling, or covering expenses, serving as a financial intermediary to alleviate the financial obligation or burden from another party.
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Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
The word "Defrayer" is derived from the French word "défrayer", which itself comes from the Old French word "desfrayer". The Old French term consists of two elements: "des-" (meaning "off" or "away") and "frayer" (meaning "to spend" or "to pay"). Therefore, "defrayer" originally meant "to take away the expense" or "to cover the cost". Over time, it came to refer specifically to the act of paying or settling charges or expenses on behalf of someone else.