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TAKE THE QUIZ“due course”
The following 2 entries include the term due course.
holder in due course
noun phrase: one other than the original recipient who holds a legally effective negotiable instrument (such as a promissory note) and who has a right to collect from and no responsibility toward the issuer
in due course
phrase: after a normal passage of time : in the expected or allotted time
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Merriam-Webster unabridged
