- order
- 1) In business and trade, making a request to deliver, sell, receive, or purchase goods or services;2) In the securities and futures trade, instructions to a broker on how to buy or sell. The most common orders in futures markets are market orders and limit orders (which see). The CENTER ONLINE Futures Glossary————Instruction to a broker-dealer to buy, sell, deliver, or receive securities or commodities ( commodity) that commits the issuer of the "order" to the terms specified. See: indication, inquiry, bid wanted, offer wanted. Bloomberg Financial Dictionary————A request by a trader to buy or sell a given futures instrument with specified conditions such as price, quantity, type of order. Chicago Mercantile Exchange Glossary————An offer to buy or sell a tradable instrument with a variety of conditions attached.See limit order, at best order, fill or kill order, execute and eliminate order and market order. London Stock Exchange Glossary
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▪ I. order or‧der 1 [ˈɔːdə ǁ ˈɔːrdər] noun1. [countable] a request by a customer for goods or services:• To place your order by telephone, call this number between 8 am and 6 pm.
order for• The company has received an order for 1,500 machines.
• It has three firm orders (= definite ones ) for its latest twin-jet aircraft.
adˌvance ˈorder [countable] COMMERCEan order for a product, record, book etc, which is made before the product is available for people to buy:• The company has more than 43,000 advance orders for its new environmentally-friendly refrigerators.
ˈback ˌorder [countable] COMMERCEan order from an earlier period of time for goods that have not yet been produced or that have not been delivered:• The improvement was due to larger inventories, which led to lower back orders for out-of-stock items.
ˈbuy ˌlimit ˌorder [countable]FINANCE a request to a dealer to buy shares etc on a financial market within a particular price range:• You should never put in a market order. Instead, put in a buy limit order at a price slightly below the current market price.
ˈbuy ˌorder also ˈbuying ˌorder [countable]FINANCE a request to a dealer to buy shares etc on a financial market:• The City's mood improved yesterday after a big buying order for sterling gave the currency an early boost.
a document that states the items being supplied to a buyer together with their prices and the conditions of sale; = INVOICE; purchase sales order:• You should keep a copy order and make a note of due dates so that you can plan for the arrival of the stock.
ˈday ˌorder [countable]FINANCE an order to buy bonds or shares that can only be used on the day the order is made:• Day orders placed during after-hours trading can only be executed during that after-hours session.
a written instruction from the owner of goods to someone who is storing or keeping them to give or take them to another person:• The sellers got the rice ready for collection and were asked by the buyer for a delivery order enabling him to collect the rice.
disˌcretionary ˈorder [countable]FINANCE an instruction from an investor giving a broker (= company that buys and sells shares, bonds etc for other people ) the authority to choose the time and price at which to buy and sellˈjob ˌorder [countable]1. COMMERCE an order to produce a particular number of goods or to provide a particular service for a customer:• The factory will close down in January, when the final job order is finished.
2. HUMAN RESOURCES an order that a company places with an employment agency (= a company that finds new staff for companies) when it is looking for someone to do a particular jobˈmarket ˌorder [countable]FINANCE a request to a dealer to buy or sell shares etc on a financial market at the best price available at that time:• If you want to buy a large number of shares immediately, or sell immediately, you should probably use a market order.
ˈpurchase ˌorder [countable] COMMERCEan official document stating that someone wants to buy something and giving details of size, cost etc. Purchase orders are often used by different departments within companies:• Provide a separate invoice for each purchase order.
reˌpeat ˈorder [countable] COMMERCEan order for a product or service by a customer who has ordered it before:• The quality of those machines brought us repeat orders.
ˈrush ˌorder [countable] COMMERCEan order for a product that a customer wants to be supplied very quickly:• The army placed a rush order for the jackets.
a request from an investor to a dealer to sell shares etc on a financial market:• A badly handled sell order had market makers scrambling to cut prices.
ˈstop ˌorder also ˌstop-ˈloss ˌorder [countable]FINANCE a request to a dealer to buy or sell shares etc when they reach an agreed level:• To protect your profit, you might set a stop order at, say, $20.
• Your order has arrived - you can collect it from the store any time.
ˌpart ˈorder [countable] COMMERCEthe part of an order that is available to be sent, when the whole of it is not available:• If you do not want us to ship part orders, please indicate this on the order form.
3. advance orders [plural] COMMERCE the number of requests by customers to buy a new product, book, or record before it has been put on sale:• His new album had been released to advance orders in the UK of 100,000.
4. on order COMMERCE if goods are on order, a customer has asked for them but has not yet received them:• America's airlines alone have more than $130 billion-worth of aircraft on order.
5. to order COMMERCE if something is made or supplied to order, it is made or supplied especially for a particular customer who has asked for it:• Our exclusive conservatories are still handmade to order, using traditional skills.
6. [countable] LAW an official statement from a court of law or other authority stating that something must be done:• The decision removed a temporary restraining order that prevented the New York Department of Insurance from releasing the reports.
adminiˈstration ˌorder [countable] LAWan order from a court that a company in financial difficulty should be put into administration (= be reorganized by an outside specialist):• The board decided to seek an administration order to facilitate the reconstruction of the company.
ˈbankruptcy ˌorder [countable] LAWwhen a court recognizes a business as bankrupt, so that its assets can be sold and those that it owes money can be paid:• The company's financial services subsidiary isn't included in the proposed bankruptcy order.
PROPERTY in Britain, an instruction from a court of law that gives the local government the right to buy a property or land, for example when they want to build there:• The City Council can't have the building knocked down but it has applied for a compulsory purchase order.
ˌcourt ˈorder [countable] LAWan order from a court of law, telling someone to do something or to act in a particular way:• The owners of the building said they would seek a court order to evict the squatters.
ˈgagging ˌorder , ˈgag ˌorder [countable]JOURNALISM LAW an agreement not to discuss something with people working for the newspapers, television etc:• His former wife agreed to a gagging order over their marriage as part of her divorce settlement.
• The judge immediately issued a gag order forbidding discussion of the case.
ˌjudge's ˈorder [countable] LAWan official instruction given by a judge, ordering someone to do or not to do something:• Officials in Long Beach complied with a judge's order (= obeyed it ) and canceled the contract.
reˈceiving ˌorder [countable] LAWan order from a court in Britain, putting the receiver in charge of a business that may be going bankrupt:• The company had had a receiving order made against it.
7. [uncountable] the condition of goods or property when they are bought or sold:• The documents state the quantity of goods and their apparent order and condition when received.
• The property is in good decorative order.
8. be in ( good/perfect) working/running order if equipment, a machine etc is in good working order, it is working well:• Our standards ensure a BMW bought from us is in perfect running order.
9. be out of order if equipment or a machine is out of order, it is not working:• I tried to ring him yesterday but his phone was out of order.
10. [singular, uncountable] the way that several things are arranged, showing which comes first, second etc:• Place the proposals in order of priority.
ˈpecking ˌorder[countable usually singular] the way that people or companies are ranked according to how important, successful etc they are:• The IMF ranking is used to measure the pecking order of the world's leading economic powers.
• Bonuses make it hard to tell exactly where directors stand in the corporate pecking order.
11. the order of business the arrangement of different subjects for discussion at a meeting:• As clerk to the committee, your main task is to establish the order of business.
12. the first/top order of business the most important thing to be discussed at a meeting or dealt with:• House Democratic leaders plan to make the proposed tax the top order of business when Congress returns.
— see also banker's order, international money order, mail order, money order, point of order, postal order, standing order[m0] ▪ II. order order 2 verb [transitive]1. COMMERCE to ask a company to supply goods or services:• Dealers have been reluctant to order new cars in the face of weak sales.
• You can order computer games or DVDs that aren't in stock.
2. to tell someone to do something, using your authority or power over them:• A federal appeals court in Philadelphia overturned the verdict and ordered a new trial.
order somebody to do something• Congress has ordered businesses to comply with the new regulations.
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Ⅰ.order UK US /ˈɔːdər/ noun► [C] COMMERCE a request from a customer for goods or services: »Recent trends suggest that orders are unlikely to be converted into sales until the second half.
»We make a service and handling charge of $4 for all phone and internet orders of tickets.
»Already, the US aeronautics company has accumulated its biggest-ever backlog of orders - valued at $475 million.
»online/postal orders
»We're encouraged by the rise in order intakes this past quarter.
»a reduction in order volumes in the UK
place/put in an order (for sth) »Placing orders by computer for medications ensures greater efficiency and a quicker delivery time to patients.
take/get/receive an order (for sth) »The Project extended the period for taking orders for its €45 million IPO until Friday.
lose/win/cancel an order (for sth) »Due to technical difficulties, the company recently lost an order for $175,000 worth of bakery equipment.
process/fill/make up an order (for sth) »The time it takes to fill orders for cars has increased.
»Once an order goes through, a message is sent to an inventory system on another computer.
orders are up/down »Durable goods orders were up in October by 2.9 %.
orders fall/increase/rise »In the past twelve months, we have seen export orders rise by 26%.
► [C] COMMERCE the goods that a customer has ordered from a company, store, or manufacturer: »Call centres were flooded with complaints from people who had experienced problems with their orders.
deliver/send/supply an order »We will notify you by email once your order has been sent.
receive/get/take delivery of an order »The ""Super Express"" option enables customers to receive orders on the next working day.
handle/trace/monitor an order »By going online, our customers can easily trace the status of their order.
»In spite of the rail strike, only a handful of orders were delayed.
► [C] LAW a statement made by a court of law or an official authority saying that something must be done: issue/back/block an order »The company was forced to stop selling insurance in May after the order which was issued by Florida's Insurance Department.
an order expires/is extended »The order was scheduled to expire today but was extended at the request of US prosecutors.
an order to do sth »Authorities need an order from the courts to require libraries to provide records on the borrowing of books and on the use of internet sites.
► [S or U] ACCOUNTING, FINANCE the way in which data or information is arranged: in alphabetical/numerical/date order »Names of recent clients are listed in alphabetical order.
the order of priority/preference »There are laws that control the order of priority for payments to creditors.
► [S or U] ECONOMICS, GOVERNMENT a situation in which laws or rules relating to a particular activity exist: »The federal government needs to bring order to the complicated system of trading.
»a new world/global/economic order
Ⅱ.order UK US /ˈɔːdər/ verb► [I or T] COMMERCE to ask a company, store, manufacturer, etc. to supply goods or services: »Our new service enables you to order foreign currency online.
»To order your copy, visit our website or call this number.
order sth online/on the internet »More and more people are ordering books and DVDs online.
► [T] WORKPLACE, GOVERNMENT, LAW to tell someone to do something, especially when you are in a position of legal or official authority: order sb/sth to do sth »State agencies were ordered to cut all nonessential energy use.
»Banks have been ordered by the Financial Services Authority to assess how they would cope in the event of house prices crashing by 40 %.
order a trial/investigation/inquiry »Local governments have ordered an inquiry into radiation levels in the affected areas.
order that »Alaska's attorney-general has ordered that the company retain all documents relating to financial transactions in the current fiscal year.
► [T] to organize information or data using a particular method: »He counted and ordered the copies.
order sth alphabetically/numerically/by date »Order the documents in the file by date.
Financial and business terms. 2012.
