Examlex
What is democracy? What is required for a state to be democratic, and why?
HDC Status
Holder in Due Course Status; a term in negotiable instruments law referring to a person who has acquired a negotiable instrument in good faith for value, and thus has certain protections.
Negotiable Instrument
A written promise or order to pay a specific amount of money, easily transferable from one party to another.
Face Value
The nominal or original value stated on a financial instrument, such as a bond or currency bill, not necessarily its current market value.
Possession
The state of having, owning, or controlling something, either tangibly or legally.
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