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non-re·ˈcourse ADJ inv LAW

non-recourse

non-recourse factoring N INV-FIN

Specialized Vocabulary

Monolingual examples (not verified by PONS Editors)

English
Better terms would include guarantees that burn off after two years of cash flow, or a non-recourse loan for the equipment part of the loan.
www.beckershospitalreview.com
Not sure how defaulting on interest payments might open ready access to new non-recourse funding either.
www.afr.com
Yet, research into the structure of the program shows that the overbidding incentives in non-recourse loans are subtle.
en.wikipedia.org
Because litigation financing is non-recourse, financing firms closely examine the different probabilities of each case to decide whether it is worth financing.
abovethelaw.com
The loan is non-recourse, which means the lender can't demand repayment.
www.smh.com.au
The partnership will be initially financed with a $200 million non-recourse secured credit facility from an institutional lender and equity from the companies.
www.bloomberg.com
We have overhead, we are non-recourse, so if the client loses, we lose, and our cost of operation is way beyond a bank's.
www.canadianlawyermag.com
It specialized in non-recourse loans collateralized by tangible personal property.
en.wikipedia.org
Forgiveness of a non-recourse loan resulting from a foreclosure does not result in cancellation of debt income.
money.usnews.com
They also charge more for selfie super loans because by their non-recourse nature they're considered riskier.
www.bordermail.com.au

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