The algebraic properties of Lipschitz spaces have received much attent
ion. This has led to a good understanding of such things as complex ho
momorphisms and ideals (but not subalgebras) when the underlying metri
c space is compact. Taking a cue from the recent observation that Lips
chitz spaces are order-complete (N. Weaver, Pacific J. Math. 164 (1994
), 179-193), we here investigate these topics under the hypothesis of
order continuity or order closure in place of norm continuity or norm
closure. We obtain simple characterizations of order-continuous comple
x homomorphisms and order-complete subalgebras and ideals, even when t
he underlying metric space is not compact. In particular, we show that
order-complete subalgebras and quotients by order-complete ideals are
themselves Lipschitz spaces. (C) 1995 Academic Press, Inc.