(law) The party directed to pay the amount of a draft or cheque.
drawee
Definition, parts of speech, synonyms, and sentence examples for drawee.
Editorial note
The same rule, it is contended, will apply where the drawee does not appear upon the face of the bill to be an officer of the company.
Quick take
(law) The party directed to pay the amount of a draft or cheque.
Meaning at a glance
The clearest senses and uses of drawee gathered in one view.
Definitions
Core meanings and parts of speech for drawee.
noun
(law) The party directed to pay the amount of a draft or cheque.
Example sentences
The same rule, it is contended, will apply where the drawee does not appear upon the face of the bill to be an officer of the company.
(Or with whatever issuing entity in whatever they promised--typically gold or silver.) A bearer instrument is payable by the drawee to whomever physically presents the instrument.
Canda, the drawee, does not appear upon the bill itself to be connected with the company, and yet the prosecution contends that it may be proved that he is its treasurer, and that thereupon the instrument ceases to be a draft or order for the payment of money and becomes a promissory note.
Frequently asked questions
Short answers drawn from the clearest meanings and examples for this word.
How do you use drawee in a sentence?
The same rule, it is contended, will apply where the drawee does not appear upon the face of the bill to be an officer of the company.
What does drawee mean?
(law) The party directed to pay the amount of a draft or cheque.
What part of speech is drawee?
drawee is commonly used as noun.