Living Language Lexicon of the Soteria Covenant
One who takes a negotiable instrument (promissory note, bill of exchange) in good faith, for value, and without notice of any defect or claim. A holder in due course holds the instrument free from most defenses. The Covenant acts as Holder in Due Course of instruments held on behalf of its members under the Estate Custody service.
Submit a term for the community. Two endorsements from other members will publish it.