 The person who signs the note and is to pay the money is the maker, and the person to whom the money is to be paid is the payee. The place of payment given is usually the maker's bank. The words "Value received," although not essential, are generally...  The Pilot Arithmetics - Page 1871924Full view - About this book
 | Edward Brooks - 1863 - 344 pages
...bill is called the jfaker or Dniirer ; the person requested to pay is called the Drawee; the person to whom the money is to be paid is the Payee; the person who has possession of the bill is called the Owner or Holder. 354. .A Sight Bill is an order... | |
 | Edward Brooks - Arithmetic - 1877 - 232 pages
...bill is called the Maker or Drawer ; the person requested to pay is called the Drawee ; the person to whom the money is to be paid, is the Payee ; the person who has possession of the bill is called the Oimer or Holder. 517. The Acceptance of a bill... | |
 | Edward Brooks - Arithmetic - 1877 - 444 pages
...the bill is called the Maker or Drawer ; the person requested to pay is called the Drawee; the person to whom the money is to be paid, is the Payee ; the person who has possession of the bill is called the Owner or Holder. 517. The Acceptance of a bill... | |
 | Thomas Raeburn White - Commercial law - 1900 - 376 pages
...parties, at a definite time. The one who 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,... | |
 | Frank H. Hall - Arithmetic - 1907 - 364 pages
...pay and whose name is signed to the note is the maker. The person named in the body of the note as the one to whom the money is to be paid is the payee. When a man borrows money at a bank, he gives his note for a specified sum to be paid at a specified... | |
 | Franklin Sherman Hoyt, Harriet E. Peet - Arithmetic - 1915 - 378 pages
...Promissory Note The person who signs the note and is to pay the money is the maker, and the person to whom the money is to be paid is the payee. The place of payment given is usually the maker's bank. The words "Value received," although not essential,... | |
 | Harry Marc Rowe - Bookkeeping - 1917 - 148 pages
...drawer of the draft. The party to whom the request is made is known as the drawee, while the party to whom the money is to be paid is the payee. The payee and the drawer may be the same party. Therefore: A Draft is the written request of one party,the... | |
 | Harry Marc Rowe - Bookkeeping - 1917 - 152 pages
...drawer of the draft. The party to whom the request is made is known as the drawee, while the party to whom the money is to be paid is the payee. The payee and the drawer may be the same party. Therefore: A Draft is the written request of one party,the... | |
 | James Williams Baker - Bookkeeping - 1918 - 316 pages
...The one signing the draft is the drawer; the one who is asked to pay the amount is the drawee; and the one to whom the money is to be paid is the payee. The draft indicates that the drawee is indebted to the drawer, and that he (the drawer) wishes the amount... | |
 | James Williams Baker - Bookkeeping - 1920 - 118 pages
...The one signing the draft is the drawer; the one who is asked to pay the amount is the drawee; and the one to whom the money is to be paid is the payee. The draft indicates that the drawee is indebted to the drawer, and that he (the drawer) wishes the amount... | |
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