Holder is the payee or endorsee of a Bill of Exchange or Promissory Note who is in possession of it, or the bearer thereof.

Webster Dictionary Meaning

1. Holder
- One who is employed in the hold of a vessel.
- One who, or that which, holds.
- One who holds land, etc., under another; a tenant.
- The payee of a bill of exchange or a promissory note, or the one who owns or holds it.
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