payer vs renter

payer and renter both are nouns.

Word	Noun	Adjective	Verb	Adverb
payer	Yes	No	No	No
renter	Yes	No	No	No

As nouns, renter is a hyponym of payer; that is, renter is a word with a more specific, narrower meaning than payer:

payer: a person who pays money for something
renter: someone who pays rent to use land or a building or a car that is owned by someone else

Other hyponyms of payer include drawee, paymaster, taxpayer, tenant, tither.

payer (noun)	renter (noun)
a person who pays money for something	someone who pays rent to use land or a building or a car that is owned by someone else
	an owner of property who receives payment for its use by another person