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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译者Peter,毕业于亚洲顶尖的高级翻译学院,擅长翻译各种与复杂金融产品相关的法律文件。
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