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Jan 1, 2024 · Here are a few common uses of non-recourse finance: Real Estate Investments: Non-recourse loans are commonly used in real estate investments. Investors can secure financing for a property without putting their personal assets at risk. If the investment fails, the lender can only claim the property pledged as collateral.
Recourse. 1 a: the act of turning to someone or something for assistance esp. in obtaining redress b: a means to a desired end esp. in the nature of a remedy or justice ;also: the end itself 2: the right or ability to demand payment or compensation ;specif: the right to demand payment from the endorser or drawer of a negotiable instrument see ...
Synonyms for 'Without recourse'. Best synonyms for 'without recourse' are 'without resort', 'non-recourse' and 'without requiring'.
2 days ago · recourse in American English. (ˈrikɔrs, -kours, rɪˈkɔrs, -ˈkours) noun. 1. access or resort to a person or thing for help or protection. to have recourse to the courts for justice. 2. a person or thing resorted to for help or protection. 3.
The mother of an illegitimate child had no legal recourse to the father. The study of these creatures has been conducted without direct recourse to living specimens. Their system of dispute resolution avoids recourse to the courts. There is no recourse available to the victim. They tried to settle the dispute without recourse to the courts.
The costs of factoring can vary depending on the specifics of the agreement. In general, recourse invoice factoring tends to be less expensive, as the business retains the risk of non-payment. Non-recourse factoring, on the other hand, typically involves higher fees due to the increased risk assumed by the factor.
recourse - WordReference English dictionary, questions, discussion and forums. All Free. ... without recourse ⇒ a qualified endorsement on such a negotiable ...
