Drawee Financial Glossary

What is it? The party to whom a check or draft is written. Also called payee.

Finance Term Definition Added By: Brian

The Drawee definition has been viewed 3181 Time(s)!

Send To Friends!

If you'd like to send the Drawee definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Drawee. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term Bankruptcyremote Trust is A bankruptcy-remote trust is a distinct and separate entity from all other trusts established by the Trustee. The trusts assets are segregated from the assets of all other trusts of the Trustee, and are only available to meet this trusts liabilities.

Financial Term Patient Capital is Investors interested in long-term value maximization.

Financial Term Statute of Limitations is A federal law that determines the time frame that a debt is collectable. Once a statute expires, the debt is legally unenforceable. However, it can still remain on your credit reports until the governing period of time, usually 7 years. Most statute of limitations to collect a debt is between 4-7 years.

Financial Term FULL is Fully valued

Financial Term Payout Ratio is Percent of earnings that is paid out as dividends.