What is Tiré?
In this glossary, Tiré refers to: The financial institution or party upon whom a check, draft, or bill of exchange is drawn and which is ordered to pay the specified sum to the payee.
How is Tiré used in finance?
In finance communication, this term appears in contexts such as: "Le tiré, généralement une banque, vérifie les fonds avant paiement."
Why does Tiré matter in finance?
Tiré matters because it supports clear communication in Banking contexts for Financial Analysts, Bankers, and Traders. It also connects to aviation training and exam language such as CFA, ACCA, and FRM.
Who uses Tiré?
Tiré is mainly used by Financial Analysts, Bankers, and Traders.
What category does Tiré belong to?
In this glossary, Tiré is grouped under Banking. Related pages in this category explain adjacent procedures, commands and operational concepts.
Where does this definition come from?
This definition is sourced from CFA Institute, IFRS Foundation, FASB (GAAP), Basel III Framework and published by Protermify Finance as a static finance reference page.