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
Occasionally in life there are those moments of unutterable
fulfillment which cannot be completely explained by those
symbols called words. Their meanings can only be articulated
by the inaudible language of the heart.