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.

BREAKING DOWN '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. Negotiable Instrument

    A document that promises payment to a specified person or the ...
  2. Two Name Paper

    A nickname assigned to trade paper. Both Trade Acceptances and ...
  3. Short-Term Paper

    Financial instruments typically with original maturities of less ...
  4. Pay To Bearer

    Any check or draft that can be transferred to the holder by delivery ...
  5. Paper Dealer

    A market maker that buys and sells extremely short-term corporate ...
  6. Blank Endorsement

    A signature by the creator of an instrument, such as a check, ...
Related Articles
  1. Investing

    Introduction To Commercial Paper

    Commercial paper is a short-term instrument that can be a viable alternative for retail fixed-income investors looking for a better rate of return on their money.
  2. Investing

    Bearer Bonds: From Popular To Prohibited

    These coupon bonds are transferable, negotiable and anonymous - so why aren't they sold in the U.S.?
  3. Investing

    Commercial Paper

    Commercial paper is a short-term debt security issued by financial companies and large corporations. The corporation promises the buyer a return, or profit, for making the loan. The return is ...
  4. Trading

    Pros And Cons Of Paper Trading

    Most market novices should paper trade for a considerable amount of time, despite key drawbacks.
  5. Investing

    Five Paper Companies Licensed To Print Money

    Here's a sector that significantly outperformed the broader market year to date.
  6. Trading

    How to Practice Day Trading

    Day traders face intense competition in today's market, which makes practice more important than ever for achieving above-market risk-adjusted returns.
  7. Investing

    Explaining Market Orders

    A market order is the most common order used to purchase a financial security.
  8. Trading

    The Basics Of Trading A Stock

    Taking control of your portfolio means knowing what orders to use when buying or selling stocks.
RELATED FAQS
  1. Can a business ever be too small to issue commercial paper?

    See why market forces regulate the size of companies that issue commercial paper, even though there are no official regulations ... Read Answer >>
  2. How can retail investors invest in commercial paper?

    Find out how individual retail investors can purchase short-term commercial paper, but why it rarely makes good investment ... Read Answer >>
  3. What happens when a company defaults on its commercial paper obligations?

    Read about the possible consequences of a large corporation defaulting on its commercial paper obligations even though the ... Read Answer >>
  4. What are some examples of securities that can be found in a money market fund?

    Learn about examples of securities found in money market accounts. These securities need to be safe, liquid and of short-term ... Read Answer >>
  5. How do I place a limit order online?

    Learn how a limit order is placed, the types of stocks it is most useful for and the specifications placed with it to suit ... Read Answer >>
Trading Center