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nonrecourse

N n

Transcription

    • US Pronunciation
    • US IPA
    • \ˈnän-ˈrē-ˌkȯrs, -ri-ˈ\
    • US Pronunciation
    • US IPA
    • \ˈnän-ˈrē-ˌkȯrs, -ri-ˈ\

Definitions of nonrecourse word

  • noun nonrecourse (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. 1
  • adjective nonrecourse of or relating to a loan or debt for which a borrower is not personally liable, giving the lender limited or no recourse 0
See all 2 definitions of nonrecourse

Information block about the term

Parts of speech for Nonrecourse

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Full grammatical hierarchy of Nonrecourse

nonrecourse popularity

This term is known only to a narrow circle of people with rare knowledge. Only 7% of English native speakers know the meaning of this word.
This word is included in each student's vocabulary. Most likely there is at least one movie with this word in the title.

nonrecourse usage trend in Literature

This diagram is provided by Google Ngram Viewer

Top questions with nonrecourse

  • what is qualified nonrecourse financing?
  • what does nonrecourse mean?
  • what is qualified nonrecourse debt?
  • what is a nonrecourse loan?
  • what is nonrecourse debt?

See also

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