drawer


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Drawer

A person who orders a bank to withdraw money from an account to pay a designated person a specific sum according to the term of a bill, a check, or a draft. An individual who writes and signs a Commercial Paper, thereby becoming obligated under its terms.

drawer

n. the person who signs a bill of exchange. (See: bill of exchange)

drawer

a person who draws a BILL OF EXCHANGE. See DRAW.

DRAWER, contracts. The party who makes a bill of exchange.
     2. The obligations of the drawer to the drawee and every subsequent holder lawfully entitled to the possession, are, that the person on whom he draws is capable of binding himself by his acceptance that he is to be found at the place where he is described to reside, if a description be given in the bill; that if the bill be duly presented to him, he will accept in writing on the bill itself, according to its tenor, and that he will pay it when it becomes due, if presented in proper time for that purpose; and that if the drawee fail to do either, he, the drawer, will pay the amount, provided he have due notice of the dishonor. 3. The engagement of the drawer of a bill is in all its parts absolute and irrevocable. 2 H. Bl. 378; 3 B. & P. 291; Poth. Contr. de Change, n. 58; Chit. Bills, 214, Dane's Ab. h.t.

References in periodicals archive ?
I suspect that everyone has a junk drawer. For some reason, these drawers are often found in the kitchen, although I've known tool drawers in workrooms to show ominous similarities to kitchen junk drawers.
[USPRwire, Wed Aug 01 2018] JL Closets, the Miami Beach custom closets company has expanded its selection of custom drawer options.
Quikserv is a manufacturer of transaction window and drawer systems, including drive-thru / pass-thru window and drawer systems, ticket windows, security windows and drawers, and commercial transaction window and drawer systems.
KEEP everything in order and hang up your clothes with this Ashby Cotton double wardrobe with bottom drawer.
The Lockdowel "Eclips" technology-based drawer slides are ready for market and can be purchased from Lockdowel's on-line catalog: www.Lockdowel.com --or from Charles McMurray Company representatives in Nevada and California.
Using double-sided tape, stick the paper on the back panel of your drawer. This will serve as a 'wallpaper' or backdrop.
"The Secret Drawer" is a charming story in narrative verse with zany, fabulous, colorful illustrations that will pique young readers' interest.
The eat-in kitchen has four dishwasher drawers, two freezer drawers, two refrigerator drawers, six burner stovetop, warming drawer, microwave and two commercial wall ovens all built-in in stainless steel.
One at a time, apply glue liberally to each drawer front, then stick on the paper squares (it will take four or five squares to cover each front).
The lower drawer bottom (W) rides on the bottom of the chest, so it's cut to fit inside the chest opening.
The challenge, however, is that the majority of gang lock systems in the marketplace are designed for use with 0.50-inch or thicker side-mount drawer slides and not undermount styles.