standing order

noun — 4 senses

standing order

noun
1

In plural, Often A rule of procedure adopted by a governing body for its own internal use.

2

In plural, Often A numbered provision within such kind of enactment.

3

A request made once for periodic fulfillment.

4

Banking, Business Transfer of a fixed amount from one bank account to another at fixed intervals (e.g. monthly bill payment)

Related terms
payment order

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.

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