Order Paper

AAA

DEFINITION of 'Order Paper '

1. An order paper is a negotiable instrument that is payable to a specified person or its assignee. An instrument such as an order paper is negotiable only if it is payable to the order of a specified person, as opposed to the bearer of the instrument, and usually need to be endorsed for example with a signature. An order paper is also knows as an order instrument.


2. In the Parliament of Canada, the House of Commons and the Senate, an order paper is defined as a list of all the items that may be brought forward on that day.

INVESTOPEDIA EXPLAINS 'Order Paper '

1. Order paper could include registered bonds, checks, bills of exchange (a kind of check without interest) and promissory notes (a written promise to pay). With a bearer paper the name of the owner is not on the document such as a bearer bond.


2. Also, an order paper is defined as a list of subjects to be discussed in the British Parliament.

RELATED TERMS
  1. Promissory Note

    A financial instrument that contains a written promise by one ...
  2. Bad Paper

    Unsecured short-term fixed income instrument that is issued either ...
  3. Negotiable Instrument

    A document that promises payment to a specified person or the ...
  4. Assignor

    A person, company or entity who transfers rights they hold to ...
  5. Two Name Paper

    A nickname assigned to trade paper. Both Trade Acceptances and ...
  6. Commercial Paper Funding Program ...

    A program instituted in October of 2008 that created the Commercial ...
Related Articles
  1. Asset-Backed Commercial Paper Carries ...
    Mutual Funds & ETFs

    Asset-Backed Commercial Paper Carries ...

  2. Promissory Notes: Not Your Average IOU
    Personal Finance

    Promissory Notes: Not Your Average IOU

  3. The History Of Money: Currency Wars
    Forex Education

    The History Of Money: Currency Wars

  4. The Government And Risk: A Love-Hate ...
    Insurance

    The Government And Risk: A Love-Hate ...

comments powered by Disqus
Hot Definitions
  1. Ghosting

    An illegal practice whereby two or more market makers collectively attempt to influence and change the price of a stock. ...
  2. Elasticity

    A measure of a variable's sensitivity to a change in another variable. In economics, elasticity refers the degree to which ...
  3. Tangible Common Equity - TCE

    A measure of a company's capital, which is used to evaluate a financial institution's ability to deal with potential losses. ...
  4. Yield To Maturity (YTM)

    The rate of return anticipated on a bond if held until the maturity date. YTM is considered a long-term bond yield expressed ...
  5. Net Present Value Of Growth Opportunities - NPVGO

    A calculation of the net present value of all future cash flows involved with an additional acquisition, or potential acquisition. ...
  6. Gresham's Law

    A monetary principle stating that "bad money drives out good." In currency valuation, Gresham's Law states that if a new ...
Trading Center