drawee

noun
draw·​ee | \ drȯ-ˈē How to pronounce drawee (audio) \

Definition of drawee

: the party on which an order or bill of exchange is drawn

First Known Use of drawee

1766, in the meaning defined above

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The first known use of drawee was in 1766

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Cite this Entry

“Drawee.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/drawee. Accessed 26 Oct. 2020.

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More Definitions for drawee

drawee

noun
draw·​ee | \ drȯ-ˈē How to pronounce drawee (audio) \

Legal Definition of drawee

: the party (as a bank) on which a draft is drawn — compare drawer, payee

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