Instrument by which a person called "the drawer" gives the order to another person called "the drawee" to pay, on an agreed date, a specific sum, to a "beneficiary" who may be either the drawer himself or a third (following an endorsement).
Instrument by which a person called "the drawer" gives the order to another person called "the drawee" to pay, on an agreed date, a specific sum, to a "beneficiary" who may be either the drawer himself or a third (following an endorsement).