The holder of a bill of exchange, promissory note, or check is the person who has legally acquired the possession of the same, from a person capable of transferring it, by indorsement or delivery, and who is entitled to receive payment of the instrument from the party or parties liable to meet it. Bowling v. Harrison, 6 How. 258, 12 L. Ed. 425; Crocker-Wool worth Nat. Bank v. … [Read more...]
HOLDER
TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.