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Glossary > H > "Holder" Definition

Holder

A person in possession of a negotiable instrument such as a bill of exchange or promissory note. That person may be the payee or the endorsee.A person who has made an opening purchase of an option and thus has acquired the rights to them.

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Holder - A person in possession of a negotiable instrument such as a bill of exchange or promissory note. That person may be the payee or the endorsee.A person who has made an opening purchase of an option and thus has acquired the rights to them.

Holder : a person in possession of a negotiable instrument such as a bill of exchange or promissory note. that person may be the payee or the endorsee.a person who has made an opening purchase of an option and thus has acquired the rights to them.