DRAWEE Definition

Bookmark and Share

DRAWEE is the buyer of a draft instrument.

Learn new Accounting Terms

INFERENCE CONTROL is a control used in the output of databases to stop a person who has access to only summary information from being able to determine (infer) a particular value for a particular record.

ORDER OF LIQUIDITY is when items on a balance sheet are listed in order of liquidity. After cash, the other current assets are listed in order of liquidity or nearness to cash (i.e. Accounts Receivable first, then Inventory).

Suggest a Term

Enter Search Term

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