ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY

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DRAWEE Definition

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DRAWEE is the buyer of a draft instrument.

 

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ABNORMAL RETURNS is the difference between the actual return and that is expected to result from market movements (normal return).

UNCONDITIONAL means that an agreement is not contingent, determined or influenced by someone or something else; to include not being modified or restricted by reservations.


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