Drawee - Law Dictionary Search Results
Drawee
Matched in: Term Drawee
drawee
Matched in: Term drawee
drawee
Matched in: Term drawee
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Drawee in case of need
Matched in: Term Drawee in case of need
Drawer, Drawee
Matched in: Term Drawer, Drawee
Presetment of Bill of Exchange, Cheque, or Pro-missory Note
of Bill of Exchange, Cheque, or Pro-missory Note, the presenting of a bill by the holder to the drawee for acceptance, or to the acceptor or an indorser for payment of, a cheque to the banker for
Acceptance of bill of exchange
of exchange does not'mean 'taking' or 'receiving'. Acceptance of a bill of exchange is the signification by the drawee of his assent to the order of the drawer. It is the act by which the drawee evinces
Acceptance
Bills of Exchange Act, 1882 (45 & 46 Vict. C. 61), s. 17, as 'the signification by the drawee of his assent to the order of the drawer.' It must be written on the bill, and signed
Bill of Exchange
or draws the bill is called the drawer, he to whom it is addressed is, before acceptance, the drawee, and after accepting it, the acceptor; the person in whose favour it is drawn is the payee; if
Post-dated cheque
not be post-dated, that is, dated after the day on which it is presented for payment to the drawee branch. Post-dated cheques present for more difficulties to the banker than antedated cheques. There are practical difficulties rather
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