| A | B |
|---|
| A party who is ordered to pay a draft | Drawee |
| An instruction that directs a bank not to pay a check that has been lost or stolen | Stop payment order |
| A party to whom commercial paper is made available | Payee |
| An unconditional written order by one person that directs another person to pay money to a third person | Bill of exchange |
| A type of draft by which a bank depositor orders the bank to pay money | Check |
| A person who executes or draws the draft and orders payment to be made | Drawer |
| The drawees promise to pay the draft when due | Acceptance |
| Unconditional written orders or promises to pay money | Commercial paper |
| To refuse to pay when due | Dishonor |
| The person who executes a promissory | Maker |
