DRAWEE Definition

Bookmark and Share

DRAWEE is the buyer of a draft instrument.

Learn new Accounting Terms

RISK is the measurable possibility of losing or not gaining value. Risk is different from uncertainty. Uncertainty is not measurable.

SALES MULTIPLE is the most widely used valuation benchmark used in the valuation of a business. The information needed are annual sales and an industry multiplier, which is usually a range of .25 to 1 or higher. The industry multiplier can be found in various financial publications, as well as analyzing sales of comparable businesses. This method is easy to understand and use. The sales multiple is often used as the valuation benchmark.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.