acceptor

Before the bill became due it was again discounted for Cardineaux by his banker, and Bradshaw, the acceptor, became bankrupt.

But occasionally both drawer and acceptor sign to accommodate the payee, or even a person who is not a party to the bill at all.

The person to whom a draft is directed is called the drawee or acceptor.

Why is the leading horse in a wagon-team like the acceptor of a bill?

If he assents to the order, he is then called 941 the acceptor.