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TeachMeFinance.com - explain Postoffice money order historic definition... Postoffice money order -- An order purchased at a postoffice in one place which is payable at a postoffice in another place to a party named when the order is purchased. Such an order is in fact a bill of exchange or draft. The order is forwarded by mail by the purchaser to the payee (the one to whom the amount of it is to be paid). Orders payable in the United States are called domestic money orders. Orders also are issued payable abroad; these are called international money orders. The charge for these orders is the amount of them, plus a moderate commission. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.