Definition Definition

Order processing

Order processing is the form of selling, mostly at the wholesale and retail levels, that involves identifying customer needs, pointing them out to customers, and completing orders.


Order processing is the grouping of the products specified by the customer, and the accompanying paperwork.

 

Share it: CITE

Related Definitions

  • Limit order
    Limit order is the order that puts a ceiling or...
  • Market order
    Market order is the order that instructs the investor’s broker...