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Vendee

Discussion in 'Investing Glossary' started by Glossary, 28th Sep, 2006.

  1. Glossary

    Glossary Active Member

    Joined:
    12th Sep, 2006
    Posts:
    25
    Definition:

    As part of a two-party trade transaction, the vendee is the person, people, or entity who is buying the item being sold, in other words, the purchaser.

    The other party in the transaction, who is selling, is the vendor.

    For example, when purchasing a property, the vendor is the person who currently owns the property and wants to sell it, the vendee is the person who wants to buy it.

    Also known as:
    • Purchaser