Examlex
The term ambient environment refers to the ____.
Check
A written, dated, and signed instrument that directs a bank to pay a specific sum of money to the bearer.
Shelter Principle
A legal doctrine in property law that allows a person who acquires property in good faith and without notice of prior claims to be protected from those claims.
Holder
In financial terms, an individual or entity that possesses a negotiable instrument, such as a check or bond, legally.
Holder In Due Course
A legal term for a person who has acquired a negotiable instrument in good faith and for value, and thus has certain protections against defenses and claims that could be asserted against the original payee.
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