Examlex
A situation in which I am concerned about what will happen to my spouse after my death is an example of:
Drawer
In the context of checks and negotiable instruments, the entity that writes and signs a check, instructing the bank to pay the stated amount to the party named on the document.
Payee
The party in a financial transaction who receives the payment.
Drawee
The party in a transaction who is directed to pay a specified amount of money, often referenced in the context of a check or draft.
Consumer Note
A debt instrument in which the buyer agrees to pay the seller a specified amount of money at a later date, often with interest.
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