Meaning of money order | Babel Free

Definitions

A directive to pay a prespecified amount of money from prepaid funds, making it a more trusted method of payment than a check.

Equivalents

Examples

“1965, Commonwealth Bureau of Census and Statistics, Official Year Book of the Commonwealth of Australia No. 51 - 1965, page 589, The issue of money orders and postal notes is regulated by sections 74-79 of the Post and Telegraph Act 1901—1961. The maximum amount for which a single money order payable within Australia may be obtained is £40, but additional orders will be issued upon request when larger amounts are to be remitted. The maximum amount permitted to be sent by any one person to a person or persons outside Australia is £A.10 a week. A postal note is not available for a sum larger than twenty shillings.”

“2007, Gary B. Magee, Andrew S. Thompson, ‘Migrapounds’: Remittance Flows Within the British World, c. 1875—1913, Kate Darian-Smith, Patricia Grimshaw, Stuart Macintyre (editors), Britishness Abroad: Transnational Movements and Imperial Cultures, page 47, In the UK, a Money Order Office was formed in 1838, a separate and specialised department of the Royal Mail that had its origins in an officially sanctioned private business carried on from the late eighteenth century.⁹ […] By 1873, a reliable international money order service was in full operation between the United Kingdom and the majority of its colonies,¹⁰ as well as with a number of other countries, not least the USA.¹¹”

“I begin my discussion of payments with money orders and cashier′s checks because I think they′re just the greatest way to receive payment. Money orders and cashier′s checks are fast, cheap, and negotiable (just like cash).”

CEFR level