 | Benjamin Franklin Foster - Accounting - 1836 - 192 pages
...4th. The address and subscription. In mercantile phraseology, the person who draws the bill is termed the drawer ; the person in whose favor it is drawn, the remitter ; the person on whom it is drawn, the drawee; and after he has accepted it, the acceptor. Those persons... | |
 | A. Turnbull - Arithmetic - 1836 - 368 pages
...certain number of days or months after sight, or after date ; or at some other specified time. 712. The person who draws the bill is called the drawer ; the person on whom it is drawn, and to whom it is addressed, is called the drawee, who is also called the acceptor... | |
 | Benjamin Franklin Foster - Accounting - 1837 - 224 pages
...;—4th. The address and subscription. In mercantile phraseology, the person who draws the bill is termed the drawer; the person in whose favor it is drawn, the remitter ; the person on whom it is drawn, the drawee ; and after he has accepted it, the acceptor. Those persons... | |
 | Benjamin Franklin Foster - Bookkeeping - 1837 - 262 pages
...are distinguished from each other. In mercantile phraseology the person who draws a bill is termed the drawer ; the person in whose favor it is drawn, the remitter ; the person on whom it is drawn, the drawee ; and, after he has accepted it, the acceptor. Those persons... | |
 | Samuel Maunder - Encyclopedias and dictionaries - 1843 - 914 pages
...pay money to some person assigned by the drawer, or to his order, in consideration of value received. The person who draws the bill is called the drawer; the person to whom the request or demand ia made, ia called the drawee; and the person to whom the money is directed... | |
 | Pliny Earle Chase - Arithmetic - 1844 - 246 pages
...at a distance, directing him to pay a certain sum to the person in whose favor the bill is drawn, or his order. The person who draws the bill, is called...; the person on whom it is drawn, the drawee. The drawer is also called the acceptor, when he has accepted, or engaged to pay the bills. Though Bills... | |
 | Pliny Earle Chase - 1844 - 258 pages
...at a distance, directing him to pay a certain sum to the person in whose favor the bill is drawn, or his order. The person who draws the bill, is called...; the person on whom it is drawn, the drawee. The drawer is also called the acceptor, when he has accepted, or engaged to pay the bills. Though Bills... | |
 | Pliny Earle Chase - Arithmetic - 1848 - 244 pages
...at a distance, directing him to pay a certain sum to the person in whose favor the bill is drawn, or his order. The person who draws the bill, is called...; the person on whom it is drawn, the drawee. The drawer is also called the acceptor, when he has accepted, or engaged to pay the bills. Though Bills... | |
 | Delos White Beadle - Commercial law - 1851 - 370 pages
...all events. They are seldom used except in drawing upon a person who is abroad in a foreign country. The person who draws the bill is called the drawer ; the person on whom it is drawn is called the drawee. After the drawee has accepted the bill, he is called the... | |
 | Delos White Beadle - Commercial law - 1852 - 366 pages
...all events. They are seldom used except in drawing upon a person who is abroad in a foreign country. The person who draws the bill is called the drawer ; the person on whom it is drawn is called the drawee. After the drawee has accepted the bill, he is called the... | |
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EXCHANGE, in commerce, is generally employed to designate that species of mercantile transactions, by which the debts of individuals residing at a distance from their creditors, are cancelled without the transmission of money. A BILL OF EXCHANGE is an... 
