standing order

standing order　1长期支付方式，2长期订单　

1.type of preauthorized-payment under which an accountholder instructs a bank to pay a specified amount，directly from his or her account balance，to a named party on a regular basis.Standing orders are used typically for recurring，fixed-amount expenses such as insurance premiums，mortgage installments，and subscriptions，and are cancelable at the accountholder’s option.2.purchase order covering repeated deliveries of goods or services in specified quantities，at specified prices，and according to a specified schedule.