Holder For Value
Legal definition for Indian law research
Definition
holder for value
:a holder to whom an instrument is issued or transferred in exchange for something of value (as a promise of performance, a security interest or lien in the instrument not obtained by judicial process, payment of or use of the instrument as security for a claim against another person, a negotiable instrument, or the incurring of an irrevocable obligation to a third party)
Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.