Drawees

/drɔːˈiːz/ noun

Definition

Plural of drawee; multiple people or institutions that have been ordered or instructed to make payments under financial instruments like checks or drafts.

Etymology

Plural form of 'drawee,' extending the banking term to multiple parties or transactions.

Kelly Says

In international banking, drawees became essential to global trade—a merchant in London could write a draft on a drawee in Rome, making long-distance commerce possible centuries before electronic transfers.

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