Money Order Meaning

Maret 12, 2021 Posting Komentar

MONEY ORDER used as a noun is very rare. Definition of money order.

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A money order is a piece of paper representing a sum of money which you can buy at a post office and send to someone as a way of sending them money by post.

Money order meaning. MONEY ORDER noun The noun MONEY ORDER has 1 sense. In BRIT use postal order I sent them a money order for 40. A cashiers check is a type of official check that banks issue and sign.

A money order is a payment order for a pre-specified amount of money. Money order definition an order for the payment of money as one issued by one bank or post office and payable at another. COBUILD Advanced English Dictionary.

Meaning of postal money order in English. Money orders are as safe as checks. There is no chance that the money order will bounce because of insufficient funds since cash is paid upfront for it.

A money order is a financial instrument a tradable asset issued by a government or financial institution usually a bank that allows the person or entity named on the order to receive a specific amount of cash on demand. You specify who will receive the money order and both you and that person must sign it for it to be valid. If you do get caught up in this situation take your money order to a post office rather than a bank.

To obtain a money order an entity must pay the amount thats been agreed upon for a good or service. What does money order mean. A printed order for payment of a specified sum issued by a bank or Post Office.

A money order is a piece of paper representing a sum of money which you can buy at a post office or a bank and send to someone as a way of sending them money by mail. A money order is a guaranteed form of payment for a specified amount that two parties can use as a form of payment in exchange for a given product or service. A financial instrument that is equivalent to cash.

The fee is taken directly from the total amount of the money order. Is a money order safer than a check. Money order definition is - an order issued by a post office bank or telegraph office for payment of a specified sum of money usually at any branch of the organization.

Money orders are available in several places including the US. As it is required that the funds be prepaid for the amount shown on it it is a more trusted method of payment than a cheque. Postal Service convenience stores drug stores grocery.

A written order for the payment of a sum to a named individual. A money order is purchased at a bank a post office or a business that cashes checks by paying cash. They allow you to send funds in the mail if you do not want to send cash.

An official piece of paper with an amount of money written on it that you can send or give to. The humble money order. Obtainable and payable at a post office Familiarity information.

Although money orders have some drawbacks their usefulness as a secure payment method means they can be a savvy choice for transactions. A money order is a piece of paper thats a safe alternative to cash or personal checks. COBUILD Advanced English Dictionary.

Most places treat a money order like a check or cash meaning you can receive your funds quickly with a small fee included. In BRIT use postal order. The money order system was established by a private firm in Great Britain in.

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