Definitions (4)

1.Commerce: A confirmed request by one party to another to buy, sell, deliver, or receive goods or services under specified terms and conditions. When accepted by the receiving party, an order becomes a legally binding contract. See also purchase order.
2.Banking: An instrument (such as a check or draft) through which its maker or issuer (drawer) authorizes a bank or other financial institution to pay the stated sum to a named holder (drawee or payee). Such instruments are transferable by endorsement, and thus are negotiable instruments.
3.Law: An authoritative mandate, command, or direction issued by a court under its seal. A final court order is called judgment.
4.Finance: An investor's instructions to a broker or dealer to buy or sell an item in a specified manner. Such orders are of four major types: (1) Limit order, (2) Market order, (3) Open order, and (4) Stop order.

Use order in a sentence

  • You must try and do things in the correct order to make sure everyone knows what part of the process you are in.

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  • I liked to keep my room in order, so I would hang up all of my clothes and I would also vacuum and dust on a regular basis.

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  • The floundering corporation received a much-needed boost from the huge overseas order that had been placed and quickly reassessed its most recent profit projections.

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