drawer
The person who makes a Draft, directing the drawee (i.e., the Bank) to pay the specified sum to a third party (the payee).
Definition from Nolo’s Plain-English Law Dictionary
The party who signs a bill of exchange directing that it be paid; for example, a person who signs a check.
Definition provided by Nolo’s Plain-English Law Dictionary.
August 19, 2010, 5:15 pm
