MONEYINPOLITICS.wtf
America’s most comprehensive dictionary of campaign finance jargon
ultimate payee
noun1 the final recipient of an expenditure after it has passed through one or more intermediaries; can be concealed by routing money to subcontrators through limited liability companies and other conduits that are not required to itemize their spending
That’s because the campaign used an opaque payment scheme that concealed details of hundreds of millions of dollars in spending by routing payments through shell companies where the ultimate payee is hidden.— Open Secrets
Among those who wrote a letter pushing against stricter disclosure rules for the so-called ultimate payee of campaign cash was Marc Elias, a top Democratic lawyer.— Politico