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We found 3 dictionaries that define the word payment order:

General (2 matching dictionaries)
  1. payment order: Wiktionary
  2. Payment order: Wikipedia, the Free Encyclopedia

Business (1 matching dictionary)
  1. BusinessDictionary.com (No longer online)

Definitions from Wiktionary (payment order)

noun:  (finance, chiefly banking) An instruction from a sender to a receiving bank, transmitted orally, electronically, or in writing, to pay, or to cause another bank to pay a fixed and determinable amount of money to a beneficiary.

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