payment in good faith
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good faith money — UK US noun [U] ► FINANCE, STOCK MARKET money paid by an investor to a financial organization when it starts to manage their investment: »When investors take a position on a commodity, they must put up good faith money before they can trade to… … Financial and business terms
payment in due course — n. Payment to the holder of a negotiable instrument on or after its maturity date in good faith and with no known defects in title. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.… … Law dictionary
payment — I (act of paying) noun acquittal, acquittance, amortization, amortizement, clearance, compensation, defrayal, defrayment, disbursement, discharge of a debt, expenditure, liquidation, outlay, quittance, receipt in full, reckoning, recompense,… … Law dictionary
payment in due course — Payment at or after the maturity of the instrument to the holder thereof in good faith and without notice that his title is defective. 11 Am J2d B & N § 964. For effect of the Commercial Code upon the requirement of a payment in due course for… … Ballentine's law dictionary
payment — The fulfilment of a promise, or the performance of an agreement. A discharge of an obligation or debt, and part payment, if accepted, is a discharge pro tanto. In a more restricted legal sense payment is the performance of a duty, promise, or… … Black's law dictionary
Good graces — Grace Grace (gr[=a]s), n. [F. gr[^a]ce, L. gratia, from gratus beloved, dear, agreeable; perh. akin to Gr. ? to rejoice, cha ris favor, grace, Skr. hary to desire, and E. yearn. Cf. {Grateful}, {Gratis}.] 1. The exercise of love, kindness, mercy … The Collaborative International Dictionary of English
Earnest payment — An earnest payment (sometimes called earnest money or simply earnest, or alternatively a good faith deposit) is a deposit towards the purchase of real estate or publicly tendered government contract made by a buyer or registered contractor to… … Wikipedia
Articles of Faith — are formal creeds, or lists of beliefs, sometimes numbered, and often beginning with We believe... , which attempt to more or less define the fundamental theology of a given religion and/or church. Articles of faith are common in both… … Wikipedia
With a good grace — Grace Grace (gr[=a]s), n. [F. gr[^a]ce, L. gratia, from gratus beloved, dear, agreeable; perh. akin to Gr. ? to rejoice, cha ris favor, grace, Skr. hary to desire, and E. yearn. Cf. {Grateful}, {Gratis}.] 1. The exercise of love, kindness, mercy … The Collaborative International Dictionary of English
impostor rule — Under Uniform Commercial Code, Article 3, Sect. 404(a), a rule stating that if an impostor endorses a negotiable instrument and receives payment in good faith, the drawer of the instrument is responsible for the loss. An example would be if an… … Law dictionary
