单词 | drawee |
释义 | drawee drawee // noun [C]
(Finance )
1 (also drawee bank) the bank of the person or organization that has written a cheque, which is therefore asked to pay the amount written on it to the person named: The cheque was dishonoured (= not paid) by the drawee (bank) because there were insufficient funds in the account. The drawee refused to accept the cheque because the drawer had not signed it. ⇨ DRAWER, PAYEE
2 the bank or company that agrees to pay the amount written on a bill of exchange |
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