Examlex
Mid-latitude west coast zones are characterized by very dry conditions resulting from the presence of persistent high pressure cells.
Holder
An individual or entity that legally possesses a negotiable instrument, such as a check or bond, and has the right to collect the value of the instrument.
Blank Indorsements
involves an endorsement on a financial instrument, like a check, that specifies no endorsee, making it payable to the bearer.
Indorser
An individual or entity that signs on the back of a negotiable instrument, thereby transferring ownership or guaranteeing payment to another party.
Beneficial Interest
The right to receive benefits on assets held by another party, such as income from a trust.
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