Money order
Term · Law · MLC-T-LAW-003281
A financial instrument, similar to a check, that allows the purchaser to pay a specified amount of money to a named payee. It is typically purchased with cash and guaranteed by the issuing institution, making it a secure way to send money without a bank account. The United States Postal Service is a common issuer of money orders.
| Identifier | MLC-T-LAW-003281 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-003281",
"term": "Money order",
"field": "Law",
"definition": "A financial instrument, similar to a check, that allows the purchaser to pay a specified amount of money to a named payee. It is typically purchased with cash and guaranteed by the issuing institution, making it a secure way to send money without a bank account. The United States Postal Service is a common issuer of money orders.",
"url": "https://mlchart.com/terminology/law/money-order/"
}
Record 3,254 of 5,441 in Law terminology (MLC-0107). Request the full dataset.