holder in due course
a person who has received a negotiable instrument in good faith and without notice that it is overdue, that there is any prior claim, or that there is a defect in the title of the person who negotiated it.
Origin of holder in due course
First recorded in 1890–95
Words nearby holder in due course
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020