Definitions for drawees

drawees draw·ee

Spelling: [draw-ee]
IPA: /drɔˈi/

Drawees is a 7 letter English word. It's valid Scrabble word worth 10 points. It's valid Words with friends word worth 10 points.

You can make 183 anagrams from letters in drawees (adeersw).

Definitions for drawees

noun

  1. a person on whom an order, draft, or bill of exchange is drawn.

Origin of drawees

First recorded in 1760-70; draw + -ee

Examples for drawees

It sometimes allows the drawee to take possession of the bill of lading and change the routing of the car.

There are three or four indorsers upon it and I take it to the drawee to have him accept.

Presentment for payment, of course, is needful to charge the drawee and indorsers.

Drawer—The person by whom the draft is made; the one who requested the payment of money by the drawee.

This is true of notice to the drawer for failure of a drawee to accept, as well as for failure of an acceptor to pay.

An acceptance must be in writing and must be signed by the drawee.

After a drawee has accepted a draft, he is bound by its terms.

It seems to follow from this peculiarity, that the drawee must have been regularly advised by the drawer.

The person to whom a draft is directed is called the drawee or acceptor.

Drafts payable at sight, or after sight, must be presented to the drawee for acceptance.

Word Value for drawees
Scrable

10

Words with friends

10

Similar words for drawees
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