standing order ˌstanding ˈorder noun
1. [countable, uncountable] BANKING an arrangement between a bank and a customer for the bank to pay a fixed amount of money regularly from the customer's bank account to another account; = BANKER'S ORDER:
• Customers can pay regular bills by standing order.
• With a standing order you tell your branch exactly how much is to be paid and when.
2. [countable, uncountable] COMMERCE an arrangement in which goods are sent regularly in agreed amounts, without the customer having to make a new order each time:
• They have cancelled their standing order of 12,000 copies a day of the newspaper.
3. standing orders [plural] HUMAN RESOURCES an organization's rules about how meetings should be held and organized:
• Parliament is empowered to make standing orders to govern its procedures.
* * *
standing order UK US noun
► [C or U] (UK BANKING an instruction to a bank to pay a particular amount of money at regular times from a person's bank account to another bank account: set up a standing order (from sth to sth) »
One of the secrets of successful saving is to set up a standing order from your current account to a deposit account.
»The bank agreed she could pay by standing order.
► [C or U] COMMERCE an arrangement by which a person or a company regularly sends an agreed quantity of goods to a customer or performs agreed services for a customer without the customer having to place an order each time: »
They have a standing order every January to supply 50 uniforms for a local karate school.
Financial and business terms. 2012.