drawee

  

Definition

Entity that is expected to accept and pay a bill of exchange (check, draft, letter of credit, etc.) on presentation or on a certain date (called due date or maturity date). See also payee.

Use drawee in a sentence

Related Videos




http://www.businessdictionary.com/definition/drawee.html

Featured Sponsor

Mentioned in these terms

Have a question about drawee? Ask for help in the
Community
advertise here

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z