bank money order

An instrument issued by an authorized officer of a bank and directed to another bank, evidencing the fact that the payee may demand and receive upon indorsement and presentation to the other bank the amount stated on the face of the instrument, liability for ultimate payment resting solely on the issuing bank. 10 Am J2d Banks § 545.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

  • money order — n: an order issued by a post office, bank, or telegraph office for payment of a specified sum of money usu. at any branch of the issuing organization Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. money order …   Law dictionary

  • Money order — Money Mon ey, n.; pl. {Moneys}. [OE. moneie, OF. moneie, F. monnaie, fr. L. moneta. See {Mint} place where coin is made, {Mind}, and cf. {Moidore}, {Monetary}.] 1. A piece of metal, as gold, silver, copper, etc., coined, or stamped, and issued by …   The Collaborative International Dictionary of English

  • money order — money .order n an official document that you buy in a post office or a bank and send to someone so that they can exchange it for money in a bank →↑postal order …   Dictionary of contemporary English

  • money order — n. an order for the payment of a specified sum of money, as one issued for a fee at one post office, telegraph office, or bank and payable at another …   English World dictionary

  • money order — ► NOUN ▪ a printed order for payment of a specified sum, issued by a bank or post office …   English terms dictionary

  • Money order — postal money order: Duchy of Brunswick, 1867 A money order is a payment order for a pre specified amount of money. Because it is required that the funds be prepaid for the amount shown on it, it is a more trusted method of payment than a personal …   Wikipedia

  • money order — noun a written order for the payment of a sum to a named individual; obtainable and payable at a post office (Freq. 1) • Syn: ↑postal order • Hypernyms: ↑draft, ↑bill of exchange, ↑order of payment * * * noun, pl ⋯ ders [count] …   Useful english dictionary

  • money order — An instrument issued by an authorized officer of a bank and directed to another bank, evidencing the fact that the payee may demand and receive upon indorsement and presentation to the bank the amount stated on the face of the instrument,… …   Ballentine's law dictionary

  • money order — A financial instrument backed by a deposit at a certain firm such as a bank that can be easily converted into cash. Bloomberg Financial Dictionary * * * money order ˈmoney ˌorder noun [countable] FINANCE a document bought at a bank or post office …   Financial and business terms

  • money order — an order for the payment of money, as one issued by one bank or post office and payable at another. [1795 1805] * * * Certificate requiring the issuer to pay a certain sum of money on demand to a specific person or organization. Money orders… …   Universalium

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