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" The person to whom the money is to be paid is called the payee. "
Book-keeping for every business - Page 81
by Archibald Montgomerie - 1865
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The Modern Preceptor ; Or, a General Course of Education, Volume 1

John Dougall - 1810 - 734 pages
...whom it is addressed, is the Drawee, and also the Acceptor, when he engages to pay the bill ; and he to whom the money is to be paid is called the Payee. Besides these, other persons are frequently concerned with Bills of Exchange, such as the buyer or...
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Common School Arithmetic on the Analytic System: With an Appendix of the ...

Shelton Palmer Sanford - Arithmetic - 1872 - 404 pages
...is called the DRAWER or MAKER; the person on whom it is drawn is called the DRAWEE ; and the person to whom the money is to be paid is called the PAYEE. ART. 300. Exchange is said to be at par when a given sum at the place from which it is remitted will...
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The universal instructor, or, Self-culture for all, Volume 2

Ward, Lock and co, ltd - 1884 - 958 pages
...the " Drawee " ; but after he has " accepted " the bill he is called the " Acceptor." AB, the person to whom the money is to be paid, is called the " Payee." A Promissory Note, or note of ham! as it is sometimes called, is a written promise from the debtor...
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Business Law: A Text-book for Schools and Colleges

Thomas Raeburn White - Commercial law - 1900 - 376 pages
...promises to pay by affixing his signature to the instrument is called the "maker" of the note; the one to whom the money is to be paid is called the "payee." Hereafter when we refer to the man who promises we shall call him the " maker, " and when we refer...
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Graded Work in Arithmetic, Book 9

Samuel Wesley Baird - Arithmetic - 1901 - 388 pages
...there must be two parties, the maker and the payee. The party who promises to pay is called the Maker ; the party to whom the money is to be paid is called the Payee. 520. The Face of a note is the amount written in the body of the note, and usually in figures at the...
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The Elements of Arithmetic in Theory and Practice

John William Hopkins, Patrick Healy Underwood - Arithmetic - 1903 - 578 pages
...who promises to pay is called the maker. John Mosley is the maker of the first note above. The person to whom the money is to be paid is called the payee. The person who has legal possession of a note is called its holder. The sum specified in a note is...
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Hopkins and Underwood's New Arithmetics: Advanced Book

John William Hopkins - Arithmetic - 1907 - 376 pages
...who promises to pay is called the maker. John Mosley is the maker of the first note above. The person to whom the money is to be paid is called the payee. The person who has legal possession of a note is called its holder. The sum specified in a note is...
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Hopkins and Underwood's Arithmetic: Book One-two, Book 2

John William Hopkins, Patrick Healy Underwood - Arithmetic - 1912 - 406 pages
...who promises to pay is called the maker. John Mosley is the maker of the first note above. The person to whom the money is to be paid is called the payee. The person who has legal possession of a note is called its holder. The sum specified in a note is...
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Buker-Felter Arithmetics, Book 3, Parts 1-2

Eva F. Buker - 1915 - 436 pages
...to pay the money) is called the maker of the note. The person in whose favor it is drawn (ie the one to whom the money is to be paid) is called the payee. The sum of money named is called the face of the note. In the note above, who is the maker ? The payee...
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Arithmetic, Parts 5-6

Eugene Herz, Mary G. Brants - Arithmetic - 1920 - 304 pages
...repay the money. A PROMISSORY NOTE The person who signs the note is called the "maker." The person to whom the money is to be paid is called the "payee." The date on which the note is made is called the "date" of the note. The date on which the note is...
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