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Definition of Drawee
1. Noun. The person (or bank) who is expected to pay a check or draft when it is presented for payment.
Definition of Drawee
1. n. The person on whom an order or bill of exchange is drawn; -- the correlative of drawer.
Definition of Drawee
1. Noun. (legal) The party directed to pay the amount of a draft or check. ¹
¹ Source: wiktionary.com
Definition of Drawee
1. the person on whom a bill of exchange is drawn [n -S]
Lexicographical Neighbors of Drawee
Literary usage of Drawee
Below you will find example usage of this term as found in modern and/or classical literature:
1. South Eastern Reporter by West Virginia Supreme Court of Appeals, West Publishing Company, South Carolina Supreme Court (1922)
"drawee of bill of exchange held not liable. This being a suit by the transferee
of a bill of exchange against the drawee, and it not appearing from the ..."
2. Lawyers' Reports Annotated by Lawyers Co-operative Publishing Company (1909)
"The checks therefore, with the one on the part of the drawee has no effect.
After the expiration of this time for investigation, the drawee may, ..."
3. Cyclopedia of Law and Procedure by William Mack, Howard Pervear Nash (1903)
"The detention of a bill" by the drawee beyond the time allowed by custom for its
... On the other hand if the drawee discounts the bill,7 maker a partial ..."
4. United States Supreme Court Reports by Lawyers Co-operative Publishing Company, United States Supreme Court (1882)
"Leav- Itt, 15 NY 9, 167. was received in Washington, on the 21st July, 1817, the
drawee was not to be found; one of the officers of the bank having sought ..."
5. A Treatise on the Law of Bills of Exchange, Promissory Notes, Bank-notes and by John Barnard Byles, Maurice Barnard Byles, Walter John Barnard Byles (1899)
"Before acceptance the drawee is not liable to the holder (6). ... 520, Lord Esher
questioned the right of the drawee to alter the form of the bill save in ..."
6. Digest of the Law of Evidence on the Trial of Actions at Nisi Prius by Maurice Powell, Henry Roscoe (1891)
"Presentment to drawee for acceptance."] Where a bill, presentment of which for
acceptance is not required by sect. 39, ante, p. 365, has been presented and ..."