Associations to the word «Nonrecourse»
Noun
Adjective
Adverb
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Wiktionary
NONRECOURSE, adjective. (finance) Of or pertaining to a form of financing, typically debt financing, in which the lender's recourse to recovery in the event of default is limited to the collateral asset only.
Wise words
Better than a thousand hollow words, is one word that brings
peace.