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单词 payment in due course
释义
payment in due course
payment in due course payment made at or after the maturity of a BILL OF EXCHANGE to the holder of the bill by a payer in good faith and without notice that the holder's title might be defective. A bill is dis- charged by payment in due course by or on behalf of the drawee or acceptor. When a bill is paid by the drawer or indorser it is not dis- charged and the party paying may have rights on it.

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更新时间:2025/7/2 1:10:44