- drawee
-
n.The person or entity on which a draft is drawn, often the bank.
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
- drawee
-
a person on whom a bill of exchange is drawn. See draw.
Collins dictionary of law. W. J. Stewart. 2001.
- drawee
-
The party who is to be paid on a bill of exchange or check.Category: Business, LLCs & Corporations → Business Accounting, Bookkeeping & FinancesCategory: Business Cash Flow Problems & BankruptcyCategory: Business, LLCs & Corporations → Business Tax & DeductionsCategory: Personal Finance & Retirement → Taxes → Tax Audits
Nolo’s Plain-English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009.
- drawee
-
A person or bank that is ordered by its depositor, a drawer, to withdraw money from an account to pay a designated sum to a person according to the terms of a check or a draft.
Dictionary from West's Encyclopedia of American Law. 2005.
- drawee
-
A person or bank that is ordered by its depositor, a drawer, to withdraw money from an account to pay a designated sum to a person according to the terms of a check or a draft.
Short Dictionary of (mostly American) Legal Terms and Abbreviations.
- drawee
-
n.the party who is to be paid on a bill of exchange or check.See also: bill of exchange
Law dictionary. EdwART. 2013.
Look at other dictionaries:
drawee — draw*ee , n. (Law) The person on whom an order or bill of exchange is drawn; the correlative of drawer. [1913 Webster] … The Collaborative International Dictionary of English
drawee — [drô΄ē′] n. the party that the drawer directs, by means of a bill of exchange, order, draft, etc., to pay money over to a third party (called payee) … English World dictionary
drawee — The party to whom a check or draft is written. Also called payee. American Banker Glossary The party who is directed to pay as specified in a draft. Bloomberg Financial Dictionary * * * drawee draw‧ee [ˌdrɔːˈiː ǁ ˌdrɒː ] noun [countable] BANKING … Financial and business terms
drawee — The person on whom a bill or draft is drawn. A person to whom a bill of exchange or draft is directed, and who is requested to pay the amount of money therein mentioned. The drawee of a check is the bank on which it is drawn. When drawee accepts … Black's law dictionary
drawee — The person on whom a bill or draft is drawn. A person to whom a bill of exchange or draft is directed, and who is requested to pay the amount of money therein mentioned. The drawee of a check is the bank on which it is drawn. When drawee accepts … Black's law dictionary
drawee — 1) The person on whom a bill of exchange is drawn (i.e. to whom it is addressed). The drawee will accept it and pay it on maturity. 2) The bank on whom a cheque is drawn, i.e. the bank holding the account of the individual or company that wrote… … Accounting dictionary
drawee — 1) The person on whom a bill of exchange is drawn (i. e. to whom it is addressed). The drawee will accept it (see acceptance) and pay it on maturity. 2) The bank on whom a cheque is drawn, i. e. the bank holding the account of the individual or… … Big dictionary of business and management
drawee — noun Date: 1766 the party on which an order or bill of exchange is drawn … New Collegiate Dictionary
drawee — /draw ee /, n. Finance. a person on whom an order, draft, or bill of exchange is drawn. [1760 70; DRAW + EE] * * * … Universalium
drawee — noun The party directed to pay the amount of a draft or check. See Also: drawer … Wiktionary