holder in due course

listen to the pronunciation of holder in due course
English - English
A holder of a check or note who takes, for value and in good faith, the note before it is overdue or the check without knowledge that it has bounced, if, in fact it has
A bona fide holder who takes an instrument for value without notice of it being overdue or of possible defenses
person that holds a promissory note that was legally transferred to him
As defined in the Uniform Commercial Code, a party who accepts an instrument in good faith and for value, without notice that is has been dishonored, that it is overdue, or that there is any claim against it
In common law countries, a holder who acquires a negotiable instrument for value, in good faith, and without notice that it is overdue, has been dishonored, or that persons required to pay on it have some valid excuse for not doing so
An individual or legal entity (holder) who possesses a negotiable instrument, document of title, or similar document, and who took possession for value, in good faith, and without notice of any other individual's or legal entity's claim or defense against the instrument or document
The holder of a note or check that is no longer good
in due course
In the usual amount of time; at the right time; in the end. "Spring and summer will arrive in due course.", "Sally finished her spelling in due course."
in due course
at the appropriate time; "we'll get to this question in due course
in due course
in due time, when the time comes, when the occasion arises
in due course
at the appropriate time; "we'll get to this question in due course"
holder in due course

    Hyphenation

    hold·er in due course

    Turkish pronunciation

    hōldır în dyu kôrs

    Pronunciation

    /ˈhōldər ən ˈdyo͞o ˈkôrs/ /ˈhoʊldɜr ɪn ˈdjuː ˈkɔːrs/
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