Examlex
Marketing channel management adds value because it gets products to customers efficiently, quickly, and at low cost.
Maker
In financial terms, it refers to the entity that creates or issues a promissory note or draft.
Drawee
The party in a financial transaction who is directed to pay a certain sum, typically the bank on which a check is drawn.
Negotiable
Capable of being transferred or converted into goods, services, or money under terms agreeable to the involved parties.
Payable To Order
A clause on a financial document that specifies who can receive the payment, allowing the initial payee to endorse it over to another party.
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