About: Holder in due course

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The holder in due course (HDC) is a rule in commercial law that protects a purchaser of a debt, where the purchaser is assigned the right to receive the debt payments. The rule insulates the purchaser of debt or other obligation to pay against charges that either party to the original transaction might have had against the other.

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  • The holder in due course (HDC) is a rule in commercial law that protects a purchaser of a debt, where the purchaser is assigned the right to receive the debt payments. The rule insulates the purchaser of debt or other obligation to pay against charges that either party to the original transaction might have had against the other. (en)
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  • The holder in due course (HDC) is a rule in commercial law that protects a purchaser of a debt, where the purchaser is assigned the right to receive the debt payments. The rule insulates the purchaser of debt or other obligation to pay against charges that either party to the original transaction might have had against the other. (en)
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  • Holder in due course (en)
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