Drawee Definition
drôē
noun
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)
Webster's New World
A person or entity to whom a draft is sent, instructing him or it to release funds to the payee.
Webster's New World Law
Other Word Forms of Drawee
Noun
Singular:
drawee
Plural:
draweesDrawee Is Also Mentioned In
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