Pay To Order

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Dictionary Says

Definition of 'Pay To Order'

A check or draft that must be paid via endorsement and delivery. Pay-to-order instruments are negotiable checks or drafts that are generally written as "pay to X or order." These instruments stand in contrast to pay-to-bearer instruments, which do not require endorsement.
Investopedia Says

Investopedia explains 'Pay To Order'

The Uniform Commercial Code outlines the rules pertaining to pay-to-order instruments. It specifies that ownership of this type of check can be transferred only via endorsement – someone who accepts a check must endorse it before transferring it somewhere else.

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'Pay To Order'

  • When Owning Your Home Doesn't Pay

    http://www.investopedia.com/articles/mortgages-real-estate/10/owning-home-doesnt-pay.asp
    ... As you can see from these examples, the cost of interest expense alone may be greater
    than what you will have to pay in order to rent a comparable place to live ...
  • How To Pay Your Forex Broker

    http://www.investopedia.com/articles/forex/08/forex-commission-spread.asp
    ... pay a small commission depends on what else the broker is offering. For example,
    suppose your broker charges you a small commission, usually in the order of two ...
  • I placed a limit order to buy a stock after the market closed, but ...

    http://www.investopedia.com/ask/answers/05/buystoplimit.asp
    ... $15. If the price jumps to $17, this order will not get filled because you
    specified that you don't want to pay more than $15. Once ...
  • ECN Credits: Let Your Broker Pay Your Trading Fees

    http://www.investopedia.com/articles/trading/09/ecn-credits.asp
    ... liquidity and waiting for our bid or offer to get filled, or we will pay $3 to ... your
    shares out on the offer price may not be logical, as the order may not get ...
  • Form 9465: Don't Pay Your Back Taxes Without It

    http://www.investopedia.com/articles/tax/09/form-9465.asp
    ... Therefore, those who pay by check or money order are advised to mail in their payments
    at least seven to 10 business days before the due date to ensure timely ...
  • Can a stop-loss order be used to protect a short sale transaction?

    http://www.investopedia.com/ask/answers/05/shortsalestoploss.asp
    ... For more on stop-loss orders, read The Stop-Loss Order - Make Sure You Use It.).
    by ... and you want to sell it back to yourself, do you have to pay capital gains ...
  • Student Loan Deferment: Live To Pay Another Day

    http://www.investopedia.com/articles/younginvestors/07/deferment.asp
    ... moral for struggling student loan borrowers who need more time to pay off their ... buy
    themselves the time they need to get their financial houses back in order. ...
  • Should You Pay In Cash?

    http://www.investopedia.com/articles/pf/08/pay-in-cash.asp
    ... Generally speaking, only carrying the cash you are prepared to pay for a given ... Stores
    are set up to make products appealing in order to persuade shoppers to ...
  • How And Why Do Companies Pay Dividends?

    http://www.investopedia.com/articles/03/011703.asp
    ... In order to maintain the debt/equity ratio of 0.5, CBC would have to pay for
    one-third of this project by using debt ($300) and two-thirds ($600) by using ...
  • Top 4 Most Scandalous Insider Trading Debacles

    http://www.investopedia.com/articles/stocks/09/insider-trading.asp
    ... Still, while the market kept going up and up, these setbacks were seen as a small
    price to pay in order to get in on the big game later on. ...

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