Associations to the word «Nonrecourse»
Noun
Adjective
Adverb
| 1 |
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
The chief difference between words and deeds is that words
are always intended for men for their approbation, but deeds
can be done only for God.