Product dispensing and drainback fitting

This invention relates to a product dispensing and drainback fitting which is designed to be incorporated into the neck of a container for storing and pouring liquid. A product dispensing and drainback fitting, for directing the flow of a liquid product from a container and minimizing the occurrence of double pour, having an outer wall for engagement with the neck of said container; an inner spout centrically positioned within said outer wall, a base extending between said wall and said spout and creating a circumscribing well, a longitudinal slot formed in said inner spout, said longitudinal slot beginning at a point about 30 mm to about 48 mm above said base and extending the remainder of the length of said spout; and drainback hole formed in said base and aligned with said longitudinal slot, said drainback hole having an area of about 10 mmto about 20 mm.