payment in due course
payment in due course 正当付款 指票据付款人在票据到期时或到期后善意地向持票人履行付款义务，而不知其权利存在瑕疵。票据主债务人的责任可因正当付款而依法解除。亦称善意付款〔payment in good faith〕。 (→holder in due course)
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PAYMENT IN DUE COURSE
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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