maker – one who obligates himself by entering into a contract, executing (signing) a promissory note, drawing a bill of exchange, or, in the case of lawmakers, framing, promulgating, or ordaining

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maker:
(14c)

1. Someone who frames, promulgates, or ordains (as in lawmaker).

2. Someone who signs a promissory note.  See NOTE (1).  Cf. COMAKER.

3. DRAWER. [1]

1. One who obligates himself by entering into a contract, executing a promissory note, or drawing a bill of exchange. [2]

1. A person who obligates himself by executing a check, promissory note, draft, or other negotiable instrument.

2. A manufacturer; a creator; an originator. [3]

Types of Makers:

accommodation maker – the drawer of a bill, or the maker of a note as a surety, to which he has put his name for the purpose of accommodating, by a loan of his credit, some other person who is to provide for the bill or note when it falls due.

prime maker the person who is primarily liable on a note or other negotiable instrument.

References:

Disclaimer: All material throughout this website is compiled in accordance with Fair Use.

[1]: Black’s Law Dictionary Deluxe Tenth Edition by Henry Campbell Black & Editor in Chief Bryan A. Garner. ISBN: 978-0-314-62130-6

[2]: Ballantine’s Law Dictionary with Pronunciations
Third Edition
 by James A. Ballantine (James Arthur 1871-1949).  Edited by William S. Anderson.  © 1969 by THE LAWYER’S CO-OPERATIVE PUBLISHING COMPANY.  Library of Congress Catalog Card No. 68-30931

[3]: Ballantine’s Law Dictionary Legal Assistant Edition
by Jack Ballantine 
(James Arthur 1871-1949).  Doctored by Jack G. Handler, J.D. © 1994 Delmar by Thomson Learning.  ISBN 0-8273-4874-6.

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