Definition from Nolo’s Plain-English Law Dictionary
A draft for a specified amount of money, purchased from a post office, bank, telegraph office, or other authorized entity. The purchaser must prepay the amount shown on the money order, making it a trustworthy method of payment. Unlike a check, a money order cannot bounce.
Definition provided by Nolo’s Plain-English Law Dictionary.
August 19, 2010, 5:20 pm