money order

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money order

money order
A money order is a check issued by an organization such as the Postal Service or sold by third parties such as grocery stores, convenience stores, or banks and other financial services companies, to allow individuals to make payments to each other or to pay bills such as utilities and rent.

Money orders are purchased for the amount desired. In this way they are similar to a certified check. The main difference being that money orders are usually limited to under $1000 while certified checks are not. A money order is usually considered safer for payments from unknown parties as opposed to a personal check issued by the payer, since they are generally guaranteed cashable by the receiving party, unlike traditional checks. In recent years, partly for this reason, and partly for convenience, money orders have also been much used as payment for goods bought over the Internet; such transactions more often take place between two private individuals than is the case for non-internet transactions, which are most often between individuals on the one hand and commercial companies on the other.

See also: International money order

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "money order".

Possible variations of this topic:

order
* Order is the opposite of anarchy and chaos. It is often used in the phrase law and order.
- Legal and military meanings
-- Court order
-- Executive order
-- General order
-- Standing order
- Scientific meanings
-- Order (biology)
-- In computing, canonical order
-- In information processing, order is a measure of the number of objects or sub-systems in a system as seen by an observer.
- Mathematical meanings
-- Order of an ordered set; see also order theory, total order, total preorder and partial order
-- Order of a group or its elements. See order (group theory).
--- Order of an element in some modulus, see multiplicative order
-- Order of a differential equation
-- Big O notation (mathematical), aka the order of an algorithm
-- Orders of magnitude are factors of ten
- Miscellaneous meanings
-- Order (philosophy)
-- Order (business)
-- Order (religious)
-- Holy Orders
-- Order (military)
-- Architectonic orders: see classical orders
-- Ordered sets of pitches or pitch classes such as a tone row, see the mathematical meaning above.
-- Order (decoration)
- "The Order"
-- The Order (AKA Bruders Schweigen or Silent Brotherhood) was an American revolutionary National Socialist group.
-- The Order is a 2003 film.da:Orden

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "order".