payment order

English

Pronunciation

  • Rhymes: -ɔː(ɹ)də(ɹ)

Noun

payment order (plural payment orders)

  1. (finance, chiefly banking) An instruction from a sender to a receiving bank, transmitted orally, electronically, or in writing, to pay, or to cause another bank to pay a fixed and determinable amount of money to a beneficiary.

Translations

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See also