Glossary entry (derived from question below)
Portuguese term or phrase:
favorecido (cheque)
English translation:
baneficiary/payee
Added to glossary by
Lilian0309
Jun 15, 2003 22:38
21 yrs ago
59 viewers *
Portuguese term
favorecido
Portuguese to English
Bus/Financial
Finance (general)
financial
preenchimento de um cheque
o campo do favorecido
o campo do favorecido
Proposed translations
(English)
5 +8 | beneficiary / payee | Maria Luisa Duarte |
Proposed translations
+8
4 mins
Selected
beneficiary / payee
+
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Note added at 2003-06-15 22:51:43 (GMT)
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PAYEE - Definition:
One to whom a check, money, note, etc. is payable
BENEFICIARY - Definition:
Whoever receives the benefit of the security. In a trust deed, the lender is the beneficiary.
http://www.johnlainghomes.com/Buying/HowToTalkHouse.asp?Inde...
http://www.bw-bank.com/correspondent/terms.pdf
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Note added at 2003-06-15 22:51:43 (GMT)
--------------------------------------------------
PAYEE - Definition:
One to whom a check, money, note, etc. is payable
BENEFICIARY - Definition:
Whoever receives the benefit of the security. In a trust deed, the lender is the beneficiary.
http://www.johnlainghomes.com/Buying/HowToTalkHouse.asp?Inde...
http://www.bw-bank.com/correspondent/terms.pdf
4 KudoZ points awarded for this answer.
Comment: "thanks"
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