TERMIUM Plus®

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PAYEE NOTE [4 records]

Record 1 2026-01-08

English

Subject field(s)
  • Negotiable Instruments (Commercial Law)
DEF

One who pays, or who is to make a payment; particularly the person who is to make payment of a cheque, bill or note. Correlative to "payee".

French

Domaine(s)
  • Effets de commerce (Droit)

Spanish

Save record 1

Record 2 2024-05-06

English

Subject field(s)
  • Negotiable Instruments (Commercial Law)
  • Banking
CONT

Effect of being maker. The maker of a note, by making it,(a) engages that he will pay it according to its tenor; and(b) is precluded from denying to a holder in due course the existence of the payee and his then capacity to endorse.

OBS

maker: term used in the Bills of Exchange Act.

French

Domaine(s)
  • Effets de commerce (Droit)
  • Banque
CONT

Le souscripteur. Le souscripteur d'un billet : a) s'engage à le payer selon ses termes; b) ne peut opposer au détenteur régulier l'existence du preneur et sa capacité, à ce moment-là, d'endosser.

OBS

souscripteur : terme employé dans la Loi sur les lettres de change.

Spanish

Campo(s) temático(s)
  • Instrumentos negociables (Derecho mercantil)
  • Operaciones bancarias
DEF

Persona que firma el pagaré, así prometiendo su pago.

Save record 2

Record 3 2002-04-03

English

Subject field(s)
  • Negotiable Instruments (Commercial Law)
  • Banking
CONT

The drawer of a promissory note is designated the ’maker’. By writing up such a note, that person engages that he/she will pay it according to its tenor and is by law precluded from denying to a holder in due course that the payee exists and his/her capacity to endorse. [Klein, Gerald. Dictionary of Banking. Pitman Publishing, 1995].

French

Domaine(s)
  • Effets de commerce (Droit)
  • Banque

Spanish

Campo(s) temático(s)
  • Instrumentos negociables (Derecho mercantil)
  • Operaciones bancarias
Save record 3

Record 4 2000-10-26

English

Subject field(s)
  • Negotiable Instruments (Commercial Law)
DEF

The payee or endorsee of a bill or note who is in possession of it, or the bearer thereof.

French

Domaine(s)
  • Effets de commerce (Droit)
DEF

Preneur, endossataire ou bénéficiaire par endossement d'une lettre de change ou d'un billet dont il a la possession ou dont il est porteur.

Spanish

Campo(s) temático(s)
  • Instrumentos negociables (Derecho mercantil)
Save record 4

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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