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1
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possessor of an instrument with all necessary indorsements
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6
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person who guarantees that he will pay the note according to its original terms
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7
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if an item is restrictively indorsed 'for deposit only' only a bank may be a holder
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8
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transfer such that transferee becomes a holder
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9
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one whose existence and identity are known
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10
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transferee gets rights of transfer
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11
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absolute obligation to pay a negotiable instrument
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12
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a drawee's signed commitment to honor the instrument
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14
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invests instruments with a high degree of marketability and commercial utility by conferring upon certain good faith transferees immunity from most defenses to the instrument
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16
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an absolute promise to pay that is not subject to any contingencies
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17
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an association of banks for the purpose of settling accounts on a daily basis
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19
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an undertaking to pay, which must be more than a mere acknowledgment or recognition of an existing debt
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21
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preexisting obligation
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22
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affirmation by one person of a prior unauthorized act that another has done as her agent or as her purported agent
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23
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duty owed by principal to pay agent for authorized payments made on principal's behalf
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25
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person appointed by agent to perform agent's duties
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26
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refusal to pay or accept an instrument when it becomes due
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27
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any person who transfers an instrument and receives consideration makes certain transferor's warranties
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28
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medium of exchange currently authorized or adopted by a domestic or foreign government
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