unauthorized completion

unauthorized completion. Commercial law. The act of filling in missing information in a negotiable instrument either without any authority to do so or beyond the authority granted. • Unauthorized completion is a personal defense, so it can be raised against any later holder of the instrument who does not have the rights of a holder in due course. See personal defense under DEFENSE(4). [Cases: Bills and Notes 60, 378, 452(1). C.J.S. Bills and Notes; Letters of Credit §§ 32–33, 36, 65, 74, 102, 197, 244–248, 260–261.]

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词条贡献者

译者大智，毕业于一所旨在培养高级翻译专业人才的翻译院校，擅长翻译各种与环境保护相关的法律文件。