Definition of order of payment Order of payment
We found 1 definitions of order of payment from 1 different sources.
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What does order of payment mean?
WordNet
Noun |
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| order of payment - a document ordering the payment of money; drawn by one person or bank on another | ||
| draft, bill of exchange | ||
| negotiable instrument an unconditional order or promise to pay an amount of money | ||
| overdraft a draft in excess of the credit balance | ||
| foreign bill, foreign draft a bill of exchange that is drawn in one country and made payable in another | ||
| inland bill a bill of exchange that is both drawn and made payable in the same country | ||
| redraft a draft for the amount of a dishonored draft plus the costs and charges of drafting again | ||
| trade acceptance a bill of exchange for a specific purchase; drawn on the buyer by the seller and bearing the buyer's acceptance | ||
| bank draft, banker's draft a draft drawn by a bank against funds deposited in another bank | ||
| dividend warrant an order of payment (such as a check payable to a shareholder) in which a dividend is paid | ||
| money order, postal order a written order for the payment of a sum to a named individual; obtainable and payable at a post office | ||
| banker's acceptance, acceptance the act of taking something that is offered; "her acceptance of the gift encouraged him"; "he anticipated their acceptance of his offer" | ||
| bank check, cheque, check the act of inspecting or verifying; "they made a check of their equipment"; "the pilot ran through the check-out procedure" | ||
| sight bill, sight draft a draft payable on presentation | ||
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