Word:

drawee

draw`ee´
n.1.(Law) The person on whom an order or bill of exchange is drawn; - the correlative of drawer.
Noun1.drawee - the person (or bank) who is expected to pay a check or draft when it is presented for payment

DRAWEE. A person to whom a bill of exchange is addressed, and who is requested to pay the amount of money therein mentioned.
     2. The drawee may be only one person, or there may be several persons. The drawee may be a third person, or a man may draw a bill on himself. 18 Ves. jr. 69; Carth. 509; 1 Show. 163; 3 Burr. 1077.
     3. The drawee should accept or refuse to accept the bill at furthest within twenty-four hours after presentment. 2 Smith's R. 243; 1 Ld. Raym. 281 Com. Dig. Merchant, F 6; Marius, 15; but it is said the holder is entitled. to a definite answer if the mail go out in the meantime. Marius' 62. In case the bill has been left with the drawee for his acceptance, he will be considered as having accepted it, if he keep the bill a great length of time, or do any other act which gives credit to the bill, and induces the holder not to protest it; or is intended as a surprise upon him, and to induce him to consider the bill as accepted. Chit. on Bills, 227. When he accepts it, it is his duty to pay it at maturity.

acceptor, draw, draw off, payer, remunerator, take out, withdraw
Translate drawee to German
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Draw-cut
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Drawback
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Drawcansir
-- drawee --
drawer
drawers
Drawfiling
Drawgear
Drawgloves
Drawhead
Drawing
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drawing card
drawing chalk
Drawing eXchange Format
drawing ink
Drawing knife
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drawing off
drawing paper
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