Definition of On order

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TeachMeFinance.com - explain On order




historic definition...

On order -- Subject to order. Property (as grain) shipped, but with no consignee (receiver) named, the property being deliverable on the order of the consignor (shipper) ; as a fact the property is deliverable to the holder of the bill of lading (the receipt for the property issued by the railroad or other transportation company).


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