Definition of Nonrecourse. Meaning of Nonrecourse. Synonyms of Nonrecourse

Here you will find one or more explanations in English for the word Nonrecourse. Also in the bottom left of the page several parts of wikipedia pages related to the word Nonrecourse and, of course, Nonrecourse synonyms and on the right images related to the word Nonrecourse.

Definition of Nonrecourse

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Meaning of Nonrecourse from wikipedia

- Nonrecourse debt or a nonrecourse loan (sometimes hyphenated as non-recourse) is a secured loan (debt) that is secured by a pledge of collateral, typically...
- liability is a nonrecourse liability if no partner or related person has an economic risk of loss for that liability. A partner's share of nonrecourse liabilities...
- but unlike most of the United States, mortgages loans are usually not nonrecourse debt, meaning debtors are liable for any loan deficiencies after foreclosure...
- this is said to be a strategic default. This is most commonly done for nonrecourse loans, where the creditor cannot make other claims on the debtor; a common...
- 20% to 50%) of the equipment cost and lenders provide the balance on a nonrecourse debt basis. The lessor receives the tax benefits of ownership. Ahlstrom...
- an incentive to default on their mortgages as a mortgage is typically nonrecourse debt secured against the property. Economist Stan Leibowitz argued in...
- creditworthiness of their prospective customers domestic and international, and, in nonrecourse factoring, acceptance of the credit risk for "approved" accounts; maintain...
- sweetener. It supports domestic sugar prices by: (1) making available nonrecourse loans to processors (not less than 18ยข/lb. for raw cane sugar, or 22...
- Tobacco Price Support Program used a combination of marketing quotas and nonrecourse loans to keep prices stable and higher than they would be otherwise in...
- concerning the value, for tax purposes, of inherited property with a nonrecourse mortgage en****bering it. According to Boris I. Bittker, Crane "laid the...