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Negotiation
The process by which parties in dispute or potential agreement discuss their differences and attempt to reach a mutually acceptable resolution.
Holder
In finance and legal terms, an individual or entity that possesses a negotiable instrument, like a check or bond, and has the right to enforce it.
Negotiable Instrument
A document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payer named on the document.
Bearer
A person in possession of an instrument, such as a check or bond, that is not made out to a specific payee.
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