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Instruction to pay

Formal order from a first party to a second party to transfer a certain sum of money on account of the first party to a named third party.

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  • Part of Speech: noun
  • Synonym(s):
  • Blossary:
  • Industry/Domain: Law
  • Category: Contracts
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instruction to pay
Law; Contracts

Formal order from a first party to a second party to transfer a certain sum of money on account of the first party to a named third party.

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collected, coll., follows the number of an act, eg. Act No 111 Coll.

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a document that compulsorily registers individuals and legal entities (companies) engaging in commercial activities

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