maker

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Maker

One who makes, frames, executes, or ordains; as a lawmaker, or the maker of a promissory note. One who signs a note to borrow and, as such, assumes the obligation to pay the note when due. The person who creates or executes a note, that is, issues it, and in signing the instrument makes the promise of payment contained therein. One who signs a check; in this context, synonymous with drawer. One who issues a promissory note or certificate of deposit.

maker

n. 1) the person who signs a check or promissory note, which makes him/her responsible for payment. 2) a person who endorses a check or note over to another person before it is delivered, making the endorser obligated to pay until it is delivered. (See: check, promissory note, payor, payee)

maker

noun author, devisor, donor, initiator, producer
Associated concepts: maker of a note, maker of an instruuent
See also: architect, author, contractor, originator

MAKER. This term is applied to one who makes a promissory note and promises to pay it when due. He who makes a bill of exchange is called the drawer, and frequently in common parlance and in books of Reports we find the word drawer inaccurately applied to the maker of a promissory note. See Promissory note.

References in periodicals archive ?
The fantastic event lineup will give customers the opportunity to Meet the Makers by showcasing local and national Makers, participate in interactive product demonstrations and take part in collaborative hands-on experiences designed to stretch their imaginations and creative thinking as they work cooperatively to make something original:
Here's some background information on the subject of Makers: the Maker scene is growing and is in full drive.
Today, Canon and Casio are the only camera makers still making a profit from the DSC.
And it is proper that the people who misuse guns should be held responsible for injuries committed with firearms, not the makers of the guns.
In addition, over 40% of them answered they would take the maker into consideration when buying next phone, many of whom replied "because they support the maker whose handset they are accustomed to.
LG Electronics was founded in 1958 as Goldstar, a small maker of electric fans.
Provide the decision makers with any additional information you feel may be necessary to convince them the pricing you have provided looks reasonable and is acceptable.
A senior official at Triangle Group, one of the biggest tire makers in China, said his company has already reduced its monthly consumption of synthetic rubber and increased natural rubber intake after synthetic rubber prices rose.
Established makers of medical films reply that they are indeed investing in quality control--though perhaps more in quality management than in technology.
Over 85% of both business decision makers and investors agree that "the corporate accounting scandals reflect poorly on a few bad apples in the accounting profession but not on the large majority of CPAs who are ethical and competent.
In fact, off-brand PC makers, which are most popular with small and medium-sized businesses, have watched their sales skyrocket in recent years.
The clone makers are trying to seize the opportunity, offering a range of machines designed to function like Macs but in PC-styled cases.