holder of bill of exchange
81not negotiable — Words marked on a bill of exchange indicating that it ceases to be a negotiable instrument, i. e. although it can still be negotiated, the holder cannot obtain a better title to it than the person from whom it was obtained, thus providing a… …
82payable to bearer — Describing a bill of exchange in which neither the payee or endorsee are named. A holder, by adding his name, can make the bill payable to order …
83protest — A certificate signed by a notary public at the request of the holder of a bill of exchange that has been refused payment or acceptance. It is a legal requirement after noting the bill (see also acceptance supra protest). The same procedure can… …
84purchaser — One who acquires real property in any other mode than by descent. One who acquires either real or personal property by buying it for a price in money; a buyer; vendee. One who has contracted to purchase property or goods. Also, a successful… …
85protest — [prō test′, prətest′; ] also, and for n. always [ prō′test΄] vt. [ME protesten < MFr protester < L protestari < pro , PRO 2 + testari, to affirm < testis, witness: see TESTIFY] 1. to state positively; affirm solemnly; assert ☆ 2. to… …
86acceptor for honor — or acceptor supra protest : one who accepts a protested bill of exchange on which he is not already liable for the honor of some party to the bill, the acceptor being liable to the holder and all parties subsequent to the one for whose honor he… …
87False pretenses — For the films, see False Pretenses (film). Criminal law …
88Checkbook — A folder or small book containing preprinted paper instruments issued to checking account holders and used to pay for goods or services. A checkbook contains sequentially numbered checks that account holders can use as a bill of exchange. The… …
89BA — banker s acceptance (BA) A short term financial instrument that is the unconditional obligation of the accepting bank. Banker s acceptances, or BAs, arise from transactions involving the import, export, transit, or storage of goods, including… …
90negotiation — ne‧go‧ti‧a‧tion [nɪˌgəʊʆiˈeɪʆn ǁ ˌgoʊ ] noun [countable usually plural, uncountable] official discussions between groups who are trying to reach an agreement: • The company entered into negotiations for the purchase of a site just outside the… …
