Examlex
A ________ system includes the structures, processes, and activities by which a nation governs itself.
Maker
In financial terms, it refers to the entity that creates or issues a promissory note or draft.
Drawee
The party in a financial transaction who is directed to pay a certain sum, typically the bank on which a check is drawn.
Negotiable
Capable of being transferred or converted into goods, services, or money under terms agreeable to the involved parties.
Payable To Order
A clause on a financial document that specifies who can receive the payment, allowing the initial payee to endorse it over to another party.
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