Meaning Of The Word Drawee

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What's the definition of Drawee? Find Drawee meanings, definitions and more at the Real Dictionary online.

Drawee Meaning

Drawee Definition
Drawee Definition

What's The Definition Of Drawee?

drawee in American English
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)
noun: a person on whom an order, draft, or bill of exchange is drawn

drawee in British English
noun: the person or organization on which a cheque or other order for payment is drawn

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