TERMIUM Plus®

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HOLDER DUE COURSE [5 records]

Record 1 2026-01-08

English

Subject field(s)
  • Negotiable Instruments (Commercial Law)
  • Stock Exchange
  • Business and Administrative Documents
DEF

Instrument where the title passes on delivery or delivery and endorsement, where the current holder can sue in his own name, where no notice of assignment need be given to the person liable on the instrument, and where a holder in due course takes, free from any defect, in the title of his predecessors.

French

Domaine(s)
  • Effets de commerce (Droit)
  • Bourse
  • Écrits commerciaux et administratifs
DEF

Effet de commerce ou titre pouvant être transmis à un tiers par voie d'endossement, de tradition ou de virement.

Spanish

Campo(s) temático(s)
  • Instrumentos negociables (Derecho mercantil)
  • Bolsa de valores
  • Documentos comerciales y administrativos
DEF

Documento que puede endosarse a otra persona, transfiriéndole los derechos y obligaciones en él contenidos.

Save record 1

Record 2 2024-05-06

English

Subject field(s)
  • Negotiable Instruments (Commercial Law)
  • Banking
CONT

Effect of being maker. The maker of a note, by making it,(a) engages that he will pay it according to its tenor; and(b) is precluded from denying to a holder in due course the existence of the payee and his then capacity to endorse.

OBS

maker: term used in the Bills of Exchange Act.

French

Domaine(s)
  • Effets de commerce (Droit)
  • Banque
CONT

Le souscripteur. Le souscripteur d'un billet : a) s'engage à le payer selon ses termes; b) ne peut opposer au détenteur régulier l'existence du preneur et sa capacité, à ce moment-là, d'endosser.

OBS

souscripteur : terme employé dans la Loi sur les lettres de change.

Spanish

Campo(s) temático(s)
  • Instrumentos negociables (Derecho mercantil)
  • Operaciones bancarias
DEF

Persona que firma el pagaré, así prometiendo su pago.

Save record 2

Record 3 2004-09-15

English

Subject field(s)
  • Loans
  • Negotiable Instruments (Commercial Law)
DEF

A person taking commercial paper under condition that he or she is given immunity from certain defenses.

CONT

holder in due course without notice of the consideration.

OBS

for which a bill of exchange has been issued.

French

Domaine(s)
  • Prêts et emprunts
  • Effets de commerce (Droit)
DEF

Porteur d'un effet de commerce négociable qui, ayant reçu régulièrement cet effet avant l'échéance sans avoir été avisé d'un refus d'acceptation ou de paiement, est à l'abri des fautes que les détenteurs précédents ont pu commettre.

CONT

détenteur régulier non avisé de la cause.

Spanish

Campo(s) temático(s)
  • Préstamos
  • Instrumentos negociables (Derecho mercantil)
Save record 3

Record 4 2002-04-03

English

Subject field(s)
  • Negotiable Instruments (Commercial Law)
  • Banking
CONT

The drawer of a promissory note is designated the ’maker’. By writing up such a note, that person engages that he/she will pay it according to its tenor and is by law precluded from denying to a holder in due course that the payee exists and his/her capacity to endorse. [Klein, Gerald. Dictionary of Banking. Pitman Publishing, 1995].

French

Domaine(s)
  • Effets de commerce (Droit)
  • Banque

Spanish

Campo(s) temático(s)
  • Instrumentos negociables (Derecho mercantil)
  • Operaciones bancarias
Save record 4

Record 5 1998-10-27

English

Subject field(s)
  • Banking
OBS

A payee or holder of a bill of exchange or cheque must in his/her own interest notify the drawer without delay, so that the drawee bank or entity will refuse to pay should the instrument fall into the hands of a thief. Should the drawer be absent, then notification to the drawee or the drawee bank should be made. No duplicate payment should be made without some form of indemnification as there is a possibility that the instrument may come into the hands of a third party who may be able to claim to be a holder in due course. [Klein, Gerald. Dictionary of Banking. Pitman Publishing, 1995].

French

Domaine(s)
  • Banque

Spanish

Save record 5

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