bona fide holder

noun

bona fide hold·​er
: a holder of a negotiable instrument who acquired title to the instrument in the ordinary course of business for value before it became due and without knowledge of any defect in title compare holder in due course

Dictionary Entries Near bona fide holder

Cite this Entry

“Bona fide holder.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/bona%20fide%20holder. Accessed 22 Apr. 2024.

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