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nonrecourse

adj

Etymology

From non- + recourse.

  1. derived from recursus
  2. derived from recours
  3. inherited from recours
  4. prefixed as nonrecourse — “non + recourse”

Definitions

  1. Of or pertaining to a form of financing, typically debt financing, in which the lender's…

    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.

    • nonrecourse loan

The neighborhood

Vish — recursive loop

No curated loop yet for nonrecourse. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA