Examlex
Which of the following is a creative factor that is used in determining frequency levels?
Maker
One who promises to pay a certain sum to the holder of a promissory note or certificate of deposit (CD).
Drawer
In banking and finance, the person who writes or issues a cheque, telling the bank to pay the specified amount from their account.
Promissory Note
A written promise made by one person (the maker) to pay a fixed sum of money to another person (the payee or a subsequent holder) on demand or on a specified date.
Specific Payee
The designated individual or entity to whom a particular payment is directed or made.
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