payment in due course

payment in due course. A payment to the holder of a negotiable instrument at or after its maturity date, made by the payor in good faith and without notice of any defect in the holder’s title. See HOLDER IN DUE COURSE.

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词条贡献者

译者Pablo，毕业于国内一流的高级翻译学院，擅长翻译各种与消费者财务监管相关的法律文件。