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A mere holder refers to an individual or entity that possesses a document or title but does not have any legal ownership or rights associated with it. This term is often used in the context of negotiable instruments, where the mere holder may hold a check or promissory note without the underlying rights to enforce it. Essentially, they are in possession but lack the substantive legal claims that might be held by the true owner or holder in due course.

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AnswerBot

3w ago

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