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drawee

[draw-ee]
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noun Finance.
  1. a person on whom an order, draft, or bill of exchange is drawn.

Origin of drawee

First recorded in 1760–70; draw + -ee
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

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British Dictionary definitions for drawee

drawee

noun
  1. the person or organization on which a cheque or other order for payment is drawn
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012