- for account of the drawee
- für Rechnung des Bezogenen
First banking dictionary. Winfried Honig. 2014.
First banking dictionary. Winfried Honig. 2014.
drawee — The party to whom a check or draft is written. Also called payee. American Banker Glossary The party who is directed to pay as specified in a draft. Bloomberg Financial Dictionary * * * drawee draw‧ee [ˌdrɔːˈiː ǁ ˌdrɒː ] noun [countable] BANKING … Financial and business terms
account payee — a crossing or direction on a bill of exchange that the drawee should credit funds only to the bank account of the payee. Under the Bills of Exchange Act 1882 this had no effect upon the ability of the instrument to be negotiated, but the law has… … Law dictionary
Negotiable cow — The negotiable cow is the common name of a fictitous legal case known as Board of Inland Revenue v Haddock (heard jointly with R v Haddock ) written by the humourist A. P. Herbert for Punch magazine as part of his series of Misleading Cases in… … Wikipedia
Board of Inland Revenue v Haddock — The case of the negotiable cow, collected in Uncommon Law Board of Inland Revenue v Haddock (also known as the negotiable cow ) is a fictitious legal case written by the humorist A. P. Herbert for Punch magazine as part of his series of… … Wikipedia
Cheque — A Canadian cheque … Wikipedia
check — n 1: something that limits or restrains see also checks and balances 2: a written order signed by its maker directing a bank to pay a specified sum to a named person or to that person s order on demand see also negotiable instrument compa … Law dictionary
Demand draft — A demand draft A demand draft, also known as a remotely created check, a tele check, or check by phone, check by fax or echeck, is a check created by a merchant with a buyer s checking account number on it, but without the buyer s original… … Wikipedia
bank — 1. A bank is an institution, usually incorporated, whose business it is to receive money on deposit, cash checks or drafts, discount commercial paper, make loans, and issue promissory notes payable to bearer, known as bank notes. U.C.C. No. 1… … Black's law dictionary
bank — 1. A bank is an institution, usually incorporated, whose business it is to receive money on deposit, cash checks or drafts, discount commercial paper, make loans, and issue promissory notes payable to bearer, known as bank notes. U.C.C. No. 1… … Black's law dictionary
commercial transaction — ▪ economics Introduction in law, the core of the legal rules governing business dealings. The most common types of commercial transactions, involving such specialized areas of the law and legal instruments as sale of goods and documents of… … Universalium
bill of exchange — see bill 7 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. bill of exchange … Law dictionary