Order

A written instrument drawn by one person and addre ed to another which directs the payment of money, the rendering of a service or the delivery of something to the bearer of the writing. The commonest forms of orders for the payment of money are checks and drafts (bills of exchange). Post office money orders and the money orders i ued by expre companies are drafts. When a speculator directs a broker to make a purchase or sale he is said to have given an order and when the broker has made the purchase or sale he is said to have executed the order.