The most common and most likely answer to this crossword clue is the 5 letter word PAYEE
P
A
Y
E
E
More clues leading to the result PAYEE
- One who’ll benefit from exercises — Rab C’s always included
- One getting money from scheme for tax evasion, principally
- Beneficiary certainly into school sports
- Person often following ‘account’, always penned by number one?
- Beneficiary, certainly, within price-earnings ratio
- Recipient‘s exercises receiving positive vote
- Pressure to get agreement with Spain for whom the money goes to
- One who gets money, power and yes, fame ultimately
- Recipient in middle of appeal securing positive vote
- Portugal and Spain must welcome positive vote for beneficiary of order
Buddy explains!

The straight part
We know that "Recipient" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case recipient = payee.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does PAYEE mean?
PAYEE noun- One to whom money is paid.