BILL n.
d the drawer, the person on whom it is drawn is, before acceptance, called the drawee, -- after acceptance, the acceptor; the person to whom the money is directed to be paid is called the payee. The person making the order may himself be the payee. The bill itself is frequently called a draft. See Exchange. Chitty. --…
BLANCHARD LATHE n.
for making noncircular and irregular forms, as felloes, gun stocks, lasts, spokes, etc., after a given pattern. The pattern and work rotate on parallel spindles in the same direction with the same speed, and the work is shaped by a rapidly rotating cutter whose position is varied by the pattern acting as a cam upon a…