remittee

remittee
A person to whom a remittance is sent or made. A person who remits. There is a practice of procuring a check to be drawn by a third party to be used in paying a debt due from the person procuring the check to the person to whom the debtor has had the check made payable. This practice is recognized in the case of foreign bills of exchange, and the person procuring the bill is known technically as the "remitter" of it. And in such case the payee of the bill, who takes it from the remitter for value, is held to be a bona fide purchaser for value. Boston Steel & Iron Co. v Steller, 183 Mass 140, 66 NE 646. The doctrine that where a mail has a right to lands, but is out of possession, afterward has a freehold cast upon him by some subsequent defective title, and enters by virtue of that title, in such case he is remitted, or sent back, by operation of law, to his ancient and more certain title. The right of entry, which he gained by a bad title, is ipso facto annexed to his own inherent good title; and his defeasible estate is utterly defeated and annulled, by the instantaneous act of the law, without his participation or consent. See 3 Bl Comm 19.

Ballentine's law dictionary. . 1998.

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Look at other dictionaries:

  • Remittee — Re*mit tee (r? m?t t? ), n. (Com.) One to whom a remittance is sent. [1913 Webster] …   The Collaborative International Dictionary of English

  • remittee — /ri mi tee , mit ee/, n. a person or company to which a remittance is made. [1760 70; REMIT + EE] * * * …   Universalium

  • remittee — noun The person to whom a remittance is sent …   Wiktionary

  • remittee — re·mit·tee || ‚remɪ tɪː n. payee, person to whom payment is sent, company to which payment is paid …   English contemporary dictionary

  • remittee — re·mit·tee …   English syllables

  • remittee — A person to whom a remittance is made …   Black's law dictionary

  • remittee — rə̇|mi|tē noun ( s) Etymology: remit + ee : one to whom a remittance is sent …   Useful english dictionary

  • РЕМИТЕНТ — физическое лицо, на имя которого дается чек, кредит и т.п. Получатель любого платежа. Словарь финансовых терминов. Ремитент Ремитент лицо, на имя которого дается чек. По английски: Remittee См. также: Чекодержатели Платежи Финансовый словарь… …   Финансовый словарь

  • возврат — банком чека ремитенту (remittee), поскольку на счете меньше средств, чем сумма, на которую выписан чек. В области операций с ценными бумагами: отказ от сделки и последующее предъявление претензий (reclamation) из за нарушений правил поставки… …   Финансово-инвестиционный толковый словарь

  • remit — v. & n. v. (remitted, remitting) 1 tr. cancel or refrain from exacting or inflicting (a debt or punishment etc.). 2 intr. & tr. abate or slacken; cease or cease from partly or entirely. 3 tr. send (money etc.) in payment. 4 tr. cause to be… …   Useful english dictionary

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