Definition, Meaning & Synonyms
vendee
Noun
/vɛnˈdiː/
Definition
A person to whom a sale is made.
Examples
- The vendee is entitled to receive the purchased goods as agreed upon in the contract.
- In real estate transactions, the vendee usually refers to the purchaser of a property.
- Consumers often become vendee when they complete a purchase at a store.
Meaning
In the context of a sales transaction, a vendee is the buyer who receives goods or services from a seller.
Synonyms
- Buyer
- Purchaser
- Acquirer