order cheque

order book official

Definition

noun

a cheque which is paid to a named person with the words 'or order' after the payee's name, showing that he or she can endorse it and pass it to someone else if desired

Recommended Articles from InvestorGuide.com

Related Videos

Featured Advertiser

Nearby Terms

Tools
Email
Print
Cite
Link

Popular 'Banking' Terms

Browse by Letter: #A B C D E F G H I J K L M N O P Q R S T U V W X Y Z