what is in due course

In due course is a phrase that means something will happen either after a normal or appropriate amount of time or that the event will happen after the expected or estimated amount of time. In due time is a direct synonym of in due course.

Full Answer

What does due course mean?

phrase. If you say that something will happen or take place in due course, you mean that you cannot make it happen any quicker and it will happen when the time is right for it. What do you mean payment in due course?

What is due course?

The principles of negotiability are designed very largely for the protection of the person whom we call the holder in due course. He filed a flight plan that would return him to his home, and in due course arrived there. A vigorous stirring is bound to upheave what is searched for, so in due course the Captain dug up a snaffle-bit.

Who is holder in due course?

In commercial law, a holder in due course is someone who takes a negotiable instrument in a value-for-value exchange without reason to doubt its legitimacy. A holder in due course acquires the right to make a claim for the instrument's value against its originator and intermediate holders. Even if one of these parties passed the instrument in bad faith or in a fraudulent transaction, a holder in due course may retain the right to enforce it.

What is another word for in due course?

Here are all the possible meanings and translations of the word in due course. in due course, in due season, in good time, in due time, when the time comes (adverb) When the time is right; presently. Within the time allowed for the winding up or performance of some event. In other words not later than the time due.

What is the meaning of due course?

After an appropriate interval, in a reasonable length of time. For example, In due course we'll discuss the details of this arrangement, or In due time the defense will present new evidence, or You'll learn the program in time, or We'll come up with a solution, all in good time.

How long is in due course?

If you say that something will happen or take place in due course, you mean that you cannot make it happen any quicker and it will happen when the time is right for it. In due course the baby was born.

What does in due course mean in law?

Payment in due course is the payment by a debtor on a negotiable instrument which discharges the negotiable instrument, even though the payment is made on or after the maturity date of the negotiable instrument.

What does in due course mean in business?

In due course is a phrase that means something will happen either after a normal or appropriate amount of time or that the event will happen after the expected or estimated amount of time.

What mean in due time?

eventually at an appropriate timeDefinition of in due time : eventually at an appropriate time I will answer all of your questions in due time.

Can I share in due time?

What does in due time mean? In due time means “eventually” or “at the right time.” In due time is often used to suggest that someone should be patient or to suggest that some event will happen eventually.

Will revert to you in due course?

You may think it means: To respond or reply to something. “I will revert on the matter in due course.” It actually means: To return to its former state.

Why is it beneficial to be a holder in due course?

The holder-in-due-course doctrine is important because it allows the holder of a negotiable instrument to take the paper free from most claims and defenses against it. Without the doctrine, such a holder would be a mere transferee.

What is holder in due course give a few examples?

Holder in Due Course is a legal term to describe the person who has received a negotiable instrument in good faith and is unaware of any prior claim, or that there is a defect in the title of the person who negotiated it. For example; a third-party check is a holder in due course.

How do you say in due time?

soonanon.any minute now.before long.betimes.by and by.coming down the pike.directly.early.More items...

What is payment in due course in law?

—''Payment in due course” means payment in accordance with the apparent tenor of the instrument in good faith and without negligence to any person in possession thereof under circumstances which do not afford a reasonable ground for believing that he is not entitled to receive payment of the amount therein mentioned.

What is payment in course?

Payment in due course is a payment made at or after the maturity of a bill of exchange to the holder of the bill by a payer in good faith and without notice that the holder's title might be defective. A bill is discharged by payment in due course by or on behalf of the drawee or acceptor.

in due course in American English

Webster’s New World College Dictionary, 4th Edition. Copyright © 2010 by Houghton Mifflin Harcourt. All rights reserved.

in due course in American English

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Definition of course

b : a chosen manner of conducting oneself : way of acting Our wisest course is to retreat.

Examples of course in a Sentence

Noun the course of a river The pilot brought the plane back on course.

History and Etymology for course

Middle English cours, borrowed from Anglo-French cours, curs, going back to Latin cursus "action of running, charge, movement along a path, progress," from currere "to run, flow" + -tus, suffix of verbal action — more at current entry 1

Kids Definition of course

1 : motion from one point to another : progress in space or time The earth makes its course around the sun in 365 days. During the course of a year he meets dozens of people.

Medical Definition of course

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What does "due to" mean?

phrase. If you say that something will happen or take place in due course, you mean that you cannot make it happen any quicker and it will happen when the time is right for it. In due course the baby was born. Synonyms: in time, finally, eventually, in the end More Synonyms of in due course. See full dictionary entry for due.

Will an inquest take place in due course?

An inquest will take place in due course. The devaluation of the pound clearly has a positive impact for a while but in due course will take its toll in inflation. We will in due course be setting out exactly how. It is expected he will join proceedings in due course.

Will Miracles happen in due course?

This will happen in due course, but for now that assured income is as good as you will get anywhere. And will, in due course. Miracles must be accepted and enjoyed when they work in your favour, in the sure knowledge that they will happen against you in due course.

What happened in due course of time?

All of which, in due course of time and in accordance with the signatory's wishes, was done. All this came to pass in due course, and the horse, deprived of his nosebag, returned to his professional obligations.

Did Prince Andrew return in due course?

Not returning in due course, her husband grew wroth at her dalliance. Prince Andrew for the second time asked the adjutant on duty to take in his name, but received an ironical look and was told that his turn would come in due course.

antonyms for in due course

Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.

How to use in due course in a sentence

And she would be wearing some of the jewels with the white dress—just a few, not many, of course.

chronological

Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.

What is due course in law?

The holder in due course is in a unique position with protection against others. In order to prevent this power from becoming abusive; they are still required to follow these rules: There cannot be any clear proof of forgery or unauthenticated action of the negotiable document, or instrument.

What is a holder in due course?

The holder in due course is a concept that refers to the party who holds an important, and often negotiable, document. This document is sometimes referred to as an instrument because it is often an instrument of payment. This might include a bank note, draft, or check. The holder is temporarily the owner of the document that holds value.

What happens if one party accepts an instrument but does not complete their end of the deal?

If one party accepts the instrument but does not complete their end of the deal, they are not the true holder of the item. There are two exceptions to this executory promise rule: If the instrument is given in exchange for a negotiable item. If the instrument is transferred from an irrevocable obligation to a third party.

What happens if you transfer an instrument of payment to a third party?

If the instrument is transferred from an irrevocable obligation to a third party. Additionally, the holder in due course must accept the payment in good faith. If there is any evidence of fraud or foul play, the holder in due course should not accept the instrument of payment. The holder in due course has specific rules ...