See Also: Non-Recourse Finance(money)
Non-recourse finance(finance)
recourse(dictionary)
Recourse(money)
Right of Recourse(money)
Without Recourse(money)
recourse(dictionary)
WITHOUT RECOURSE(law)
Non-recourse(finance)
Without recourse(finance)

Recourse (finance)


Term describing a type of loan. If a loan is with recourse, the lender has a the ability has the ability to fall back to the guarantor of the loan if the borrower fails to pay.