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Dictionary of International Trade

A B C D E F G H I J K L M N O P Q R S T U V W Y Z
D/ Da Dd De Di Do Dr Du
Dra Dru Dry
Draf Draw Dray
Drawb Drawe Drawi
Drawee Drawer

Drawee

The individual or firm on whom a draft is drawn. The drawee is instructed by the drawer to pay a specified sum of money to, or to the order of the payee, or to the bearer. In a documentary collection, the drawee is generally the buyer. See bill of exchange; draft; documentary collection; drawer.

Related entries

  • T/T Telegraphic transfer
  • Vostro account
  • Validity
  • Usance L/C
  • Usance draft
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Dictionary of International Trade

Practical Guide to Incoterms

Dictionary of International Trade

Key definitions of over 1500 useful international trade terms. More than 1000 weblinks and 500 acronyms and abbreviations

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