payment order
English
Pronunciation
- Rhymes: -ɔː(ɹ)də(ɹ)
Noun
payment order (plural payment orders)
- (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
instruction to pay or cause a bank to pay an amount of money
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See also
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