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payment order

EN
WPayment order
  • Payment order is an international banking term that refers to a directive to a bank or other financial institution from a bank account holder instructing the bank to make a payment or series of payments to a third party.
  • Payment orders are post-contract instruments often used to pay fee agreements to agents and usually contain conditions for the payment to be met such as successful completion of contract requirements.
  • Part-of-Speech Hierarchy
    1. Nouns
      • Countable nouns
    Related Links:
    1. en payment orders
    Source: Wiktionary
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    Meaning of payment order for the defined word.

    Grammatically, this idiom "payment order" is a noun, more specifically, a countable noun.
    Definiteness: Level 1
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    Definite    ➨     Versatile