Trading Terms

Drawee

The drawee is a crucial figure in the world of finance, whether for an individual or a business entity. This is the person or firm on whom a draft is drawn, with the responsibility of paying a specified amount to the payee or bearer, as instructed by the drawer. In cases of documentary collection, the drawee is usually the buyer. Understanding the role of the drawee is essential in navigating financial transactions.

Related terms

Return on Equity

Understand the meaning and definition of Return on Equity in the context of stock market, trading, and investments.

MORE
Sales Growth

Understand the meaning and definition of Sales Growth in the context of stock market, trading, and investments.

MORE
Serially Independent

Understand the meaning and definition of Serially Independent in the context of stock market, trading, and investments.

MORE
Indemnity

Understand the meaning and definition of Indemnity in the context of stock market, trading, and investments.

MORE
Quarterly Net Profit Margin

Understand the meaning and definition of Quarterly Net Profit Margin in the context of stock market, trading, and investments.

MORE
Lag

Understand the meaning and definition of Lag in the context of stock market, trading, and investments.

MORE
Open Free Demat Account!

Join our 3.5 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3.5 Cr+ happy customers