Skip to main content
Glite Dictionary
drawee

drawee

9.5
A bank or person that must pay a cheque when it is shown to them
  • noun
  • /drəˈwi/
  • Specialized
translation icon : girador
  • The check was returned because the drawee refused payment due to insufficient funds.

Examples

  • The drawee must sign the cheque.

  • Can you identify the drawee on this cheque?

  • In this transaction, the bank acted as the drawee for the customer's check.

  • When presenting a draft, the drawee must verify the authenticity before releasing the money.

  • The check was returned because the drawee refused payment due to insufficient funds.

  • In this transaction, the bank acted as the drawee for the customer's check.

  • Can you identify the drawee on this cheque?

Synonyms

payer
vsdrawee
67 2.1

A person or company that gives money to get goods and services

refers instead to an obligation to pay a draft amount when presented
payor
vsdrawee
  • Specialized
1 7.0

A person or organization that gives money to settle a bill

applies to payment required by a draft when presented, not ordinary purchases
acceptor
vsdrawee
  • Specialized
8.7

A person or bank that agrees to pay a bill when it is due

is required to pay the instrument specifically when it is presented

Surface Forms

drawee singular
drawees plural

Morphology

drawee = draw (opaque) = draw + ee

Although morphologically formed from 'draw' + the agentive/patient suffix '-ee', the specialized banking meaning ('person required to pay a draft') is not predictable to an average B1 learner from the base verb.

Etymology

Drawee comes from the verb draw, which can mean 'to pull' and in money language 'to write an order to pay', plus the ending -ee that marks the person who gets the action, as in payee. So a drawee is the person or bank who is asked to pay a cheque.