Drawer Drawee - Law Dictionary Search Results
Drawer, Drawee
Matched in: Term Drawer, Drawee
drawee
Matched in: Term drawee
drawer
Matched in: Term drawer
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Drawer
Matched in: Term Drawer
Presetment of Bill of Exchange, Cheque, or Pro-missory Note
be dispensed with by the drawee being a fictitious person, or by waiver or impracticability of presentment, the drawer and indorsers are discharged. 'Where the bill is not payable on demand, presentment must be made on the
Acceptance of bill of exchange
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 his consent to comply with, and be bound by,
Liability of drawer
Matched in: Term Liability of drawer
Acceptance
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 by the drawee, whose mere signature is sufficient to
Bill of Exchange
it be not paid in due time. the person who makes 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
draft
an order for the payment of money drawn by one person or bank on another see also drawee, drawer compare check documentary draft : a draft that will be honored only upon the presentation of certain documents
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