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The Collaborative International Dictionary
drawee

drawee \draw*ee"\, n. (Law) The person on whom an order or bill of exchange is drawn; -- the correlative of drawer.

Wiktionary
drawee

n. (context legal English) The party directed to pay the amount of a draft or cheque.

WordNet
drawee

n. the person (or bank) who is expected to pay a check or draft when it is presented for payment