Contractee

Business, Legal & Accounting Glossary

Definition: Contractee


Quick Summary of Contractee


A project owner or other entity that enters into a contract with a contractor/vendor and receives specified goods and/or services under the terms of the contract.



What is the dictionary definition of Contractee?

Dictionary Definition


A contractee is a project owner (sometimes called a client or principal) or other entity that enters into a contract with a contractor or vendor and receives specified goods and/or services under the terms of the contract (for example: a purchase order).

1. legal A party to a contract.
2. construction The party to a construction contract who is not the contractor; frequently the owner.


Full Definition of Contractee


Owner of a project (also known as principal or client) or anyone else who gets into a deal with a builder or merchant and gets particular commodities or/and services as per the conditions of the deal. (like any purchase order).


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/contractee/
Modern Language Association (MLA):
Contractee. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. July 04, 2020 https://payrollheaven.com/define/contractee/.
Chicago Manual of Style (CMS):
Contractee. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/contractee/ (accessed: July 04, 2020).
American Psychological Association (APA):
Contractee. PayrollHeaven.com. Retrieved July 04, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/contractee/

Definition Sources


Definitions for Contractee are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 5th December, 2019 | 190 Views.