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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法律词典收录了2351条英汉双解法律词条,基本涵盖了常用法律英语单词及短语词组的翻译及用法,是法律学习的有利工具。