drawer

  

Definition

Maker or writer of a bill of exchange (check, draft, letter of credit, etc.) who directs the drawee (such as a bank) to pay the stated amount to a third party (the payee). In documentary credit, the drawer is the beneficiary of a letter of credit. Also called writer.

Use drawer in a sentence

  • I opened the drawer only to find that my keys were gone and my teenage son had taken the car out again without permission.

    19 people found this helpful
  • When writing up an important document it is important that the drawer fully understands everything that is in the new deal.

    17 people found this helpful
  • When you are doing a big deal you need to have someone you trust be the drawer of the bill so you know it is correct.

    15 people found this helpful
Show more usage examples...



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

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