What context can I use each word in?
Learn when and how to use these words with these examples!
drawee
Example
The bank acted as the drawee for the check. [drawee: noun]
Example
The drawee must accept the terms of the bill of exchange before payment can be made. [drawee: noun]
debtor
Example
The debtor failed to make payments on the loan. [debtor: noun]
Example
The company is in debt and owes money to several creditors. [debtor: noun]
Good things to know
Which word is more common?
Debtor is more commonly used than drawee in everyday language, as it is a broader term that covers a wider range of financial obligations. Drawee is more commonly used in legal and financial contexts.
Whatโs the difference in the tone of formality between drawee and debtor?
Both drawee and debtor are formal words that are commonly used in legal and financial contexts. However, debtor may be more commonly used in informal contexts as well, while drawee is typically only used in specific financial transactions.
