| 词汇 | holder in due course |
| 释义 | `1`holder in due course`2` "LAW.COM Dictionary": n. one holding a check or promissory note, received for value (he/she paid for it) in good faith and with no suspicion that it might be no good, claimed by another, overdue or previously dishonored (a bank had refused to pay since the account was overdrawn). Such a holder is entitled to payment by the maker of the check or note. See also: bona fide purchaser |
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