recourse
61Full Recourse Debt — A guarantee that no matter what happens, the borrower will repay the debt. Typically with a full recourse loan no occurrence, such as loss of job or sickness, can get the borrower out of the debt obligation. In this situation, if there is no… …
62non–recourse — non–re·course /ˌnän rē ˌkȯrs, ri kȯrs/ adj: of, relating to, or being a debt whose satisfaction may be obtained on default only out of the particular collateral given and not out of the debtor s other assets a non–recourse mortgage a… …
63Diverse Recourse — Studio album by Joe Beats Released April 10, 2007 Genre Hip hop Length 49:39 …
64limited recourse debt — USA limited recourse debt, Also known as a non recourse debt. A debt that is secured by a security interest in collateral but for which the lender has limited claims against the borrower in the event of a default. If the borrower defaults, the… …
65non-recourse debt — USA limited recourse debt, Also known as a non recourse debt. A debt that is secured by a security interest in collateral but for which the lender has limited claims against the borrower in the event of a default. If the borrower defaults, the… …
66non-recourse — UK US (also nonrecourse) adjective [before noun] ► FINANCE used to describe a loan in which the lender has the right to take only the asset bought with the loan if it is not paid back, and does not have the right to take any other assets: non… …
67without recourse — Words that may be used by a drawer in signing a draft or check so as to eliminate completely the drawer s secondary liability. This phrase, used in making a qualified indorsement of a negotiable instrument, signifies that the indorser means to… …
68have recourse to — RESORT TO, make use of, avail oneself of, turn to, call on, look to, fall back on. → recourse * * * have recourse to To go to for help, protection, etc • • • Main Entry: ↑recourse …
69Without recourse — Without With*out , prep. [OE. withoute, withouten, AS. wi[eth]?tan; wi[eth] with, against, toward + ?tan outside, fr. ?t out. See {With}, prep., {Out}.] [1913 Webster] 1. On or at the outside of; out of; not within; as, without doors. [1913… …
70limited recourse financing — See limited recourse loan. Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 …
