Job Description for a Web Chief Technology Officer (CTO). Here is a job description for the work Iâve done as a chief technology officer for web startups. I'm happy to say the job description is very popular and has been copied widely.t's now available on its own site here: Job Description for a Chief Technology Officer (CTO). Why I wrote this: A web startup client recently asked me for a CTO job description to paste into a business plan.
As Garrick states, a payor/payer is the one who gives the money; a payee is one who receives it. These roots extend to other word pairings, where an -ER or -OR ending denotes one who performs an action, and an -EE ending refers to the person to whom the action is performed (for example, an employer gives jobs, and an employee receives one). Views.
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