Examlex
The short run is defined as a period in which:
Special
Distinguished by a unique or particular quality, purpose, or condition from what is ordinary or common.
Overdue
A status indicating that a payment or obligation was not fulfilled or completed by its due date.
Holder In Due Course
A party possessing a negotiable instrument, such as a check, who took the instrument in good faith, for value, and without notice of any defect or claim against it.
Cashed Check
A check that has been presented to a bank or financial institution and exchanged for the equivalent amount in cash.
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