money ordermoney order
(plural money orders)
- A type of cheque, usually purchased from a postal service to allow safe sending of money through the post, possibly to be redeemed in another country.
money order - Investment & Finance Definition
A financial instrument that is equivalent to cash. A money order is purchased at a bank, a post office, or a business that cashes checks by paying cash. There is no chance that the money order will bounce because of insufficient funds, since cash is paid upfront for it. The money order lists both the payee and the person who purchased it.