drawee

noun draw·ee \ drȯ-ˈē \

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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Law Dictionary

drawee

noun draw·ee \ drȯ-ˈē \

legal Definition of drawee

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

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