What does holder in due course mean?
Definitions for holder in due course
hold·er in due course
This dictionary definitions page includes all the possible meanings, example usage and translations of the word holder in due course.
Wikipedia
Holder in due course
In commercial law, a holder in due course (HDC) is someone who takes a negotiable instrument in a value-for-value exchange without reason to doubt that the instrument will be paid. If the instrument is later found not to be payable as written, a holder in due course can enforce payment by the person who originated it and all previous holders, regardless of any competing claims those parties may have against each other. This right shields a holder in due course from the risk of taking instruments without full knowledge of their history.
Wikidata
Holder in due course
The Holder in Due Course doctrine is a rule in commercial law that protects a purchaser of debt, where the purchase is assigned the right to receive the debt payments. The doctrine insulates the purchaser of debt, or other obligation to pay, against charges that either party to the original transaction might have had against the other.
Numerology
Chaldean Numerology
The numerical value of holder in due course in Chaldean Numerology is: 1
Pythagorean Numerology
The numerical value of holder in due course in Pythagorean Numerology is: 7
Translations for holder in due course
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"holder in due course." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/holder+in+due+course>.
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