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with respect to defences to a commercial instrument of which a holder in due corse takes free, the term 'defence' means a legally recognized basis for avoiding liability either on the instrument itself or on the obligation underlying the instrument
vastuväited . EKI terminibaas Esterm. Estonian Language Institute, Sõnaveeb 2026. https://sonaveeb.ee/search/unif//esterm/vastuv%C3%A4ited/1/est (01.07.2026)