HyperDic: order_of_payment

English > 1 sense of the expression order of payment:
NOUNpossessionorder of payment, draft, bill of exchangea document ordering the payment of money
English > order of payment: 1 sense > noun 1, possession
MeaningA document ordering the payment of money; drawn by one person or bank on another.
Synonymsdraft, bill of exchange
Narroweracceptance, banker's acceptance(banking) a time draft drawn on and accepted by a bank
bank draft, banker's draftA draft drawn by a bank against funds deposited in another bank
check, bank check, chequeA written order directing a bank to pay money
dividend warrantAn order of payment (such as a check payable to a shareholder) in which a dividend is paid
foreign bill, foreign draftA bill of exchange that is drawn in one country and made payable in another
inland billA bill of exchange that is both drawn and made payable in the same country
money order, postal orderA written order for the payment of a sum to a named individual
overdraftA draft in excess of the credit balance
redraftA draft for the amount of a dishonored draft plus the costs and charges of drafting again
sight draft, sight billA draft payable on presentation
time draft, time billA draft payable at a specified future date
trade acceptanceA bill of exchange for a specific purchase
Broadernegotiable instrumentAn unconditional order or promise to pay an amount of money
Spanishletra de cambio, letra, libramiento, libranza
Catalanlletra de canvi, lletra, lliurament, lliurança

©2001-24 · HyperDic hyper-dictionary · Contact

English | Spanish | Catalan
Privacy | Robots

Valid XHTML 1.0 Strict