third party check

third-party check. A check that the payee indorses to another party — for example, a customer check that the payee indorses to a supplier. • A person who takes a third-party check in good faith and without notice of a security interest can be a holder in due course.

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词条贡献者

译者Vicky，毕业于世界顶级翻译学院，擅长翻译各种与债权人权利及破产诉讼相关的法律文件。