Match each term on the left to the correct definition on the right. Drawee A draft that is drawn by a seller of goods ordering the buyer to pay a specified sum of money to the seller, usually at a stated time in the future. On a trade acceptance, the seller is both the drawer and the payee. Drawer The party that is ordered to pay a draft or check. With a check, a financial institution is always the drawee. Acceptance The first transfer, or delivery, of an instrument to a holder Payee The drawee's signed agreement to pay a draft when presented. Trade acceptance The party that initiates a draft (writes a check, for example), thereby ordering the drawee to pay Issue A signed writing that contains an unconditional promise or order to pay an exact sum of money, on n demand or at an exact future time, to a specific person or order, or to bearer Negotiable instrument A person to whom an instrument is made payable