drawee

[drɔːˈiː]

drawee Definition

a person or organization that a bill of exchange, check, or promissory note is addressed to and who is expected to pay it.

Using drawee: Examples

Take a moment to familiarize yourself with how "drawee" can be used in various situations through the following examples!

  • Example

    The drawee refused to pay the check due to insufficient funds.

  • Example

    The bank acted as the drawee for the promissory note.

  • Example

    The drawee has the responsibility to pay the bill of exchange.

drawee Synonyms and Antonyms

Synonyms for drawee

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Summary: drawee in Brief

'Drawee' [drɔːˈiː] refers to the person or organization that a bill of exchange, check, or promissory note is addressed to and who is expected to pay it. It is often used in financial contexts, such as banking and commerce.