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Recourse debt

en.wikipedia.org/wiki/Recourse_debt

Recourse debt is a debt that is backed by collateral from the borrower. Also known as a recourse loan, this type of debt allows the lender to collect from the ...

Recourse Loan Definition | Investopedia

www.investopedia.com/terms/r/recourse-loan.asp

Recourse loans give lenders a higher degree of power because they have fewer limits on what assets lenders can go after for loan repayment. For example ...

Non-Recourse Debt Definition | Investopedia

www.investopedia.com/terms/n/nonrecoursedebt.asp

A type of loan that is secured by collateral, which is usually property. If the borrower defaults, the issuer can seize the collateral, but cannot seek out the borrower ...

What is non-recourse loan? definition and meaning

www.businessdictionary.com/definition/non-recourse-loan.html

Definition of non-recourse loan: Loan agreement under which the collateral securing a loan is the ultimate source of repayment, and the lender cannot hold the ...

What's the Difference Between a Recourse and Nonrecourse Loan ...

www.nolo.com/legal-encyclopedia/whats-the-difference-between-recourse-nonrecourse-loan.html

In foreclosure law, it's important to know if your mortgage loan is a recourse loan or a nonrecourse loan. Usually, whether your mortgage is recourse or ...

The Difference Between Recourse and Non-Recourse Loans

www.propertymetrics.com/blog/2015/03/11/recourse-vs-non-recourse-loans/

Mar 11, 2015 ... First of all, what do the terms recourse and non-recourse mean? The definition of a recourse loan is a loan where the borrower or guarantors ...

Recourse Loans and Non-Recourse Loans

banking.about.com/od/loans/a/recourseloan.htm

When you don't repay a loan, you take a risk. With recourse loans, lenders can try to collect money from you in a variety of ways. With non-recourse loans, ...

Nonrecourse loan financial definition of nonrecourse loan

financial-dictionary.thefreedictionary.com/nonrecourse loan

Definition of nonrecourse loan in the Financial Dictionary - by Free online English ... That is, non-recourse finance does not allow the bank or other lending ...

Non-recourse loan financial definition of Non-recourse loan

financial-dictionary.thefreedictionary.com/Non-recourse loan

A loan secured by the revenue of the project the loan intends to fund, and nothing else. That is, non-recourse finance does not allow the bank or other lending ...

Recourse financial definition of Recourse

financial-dictionary.thefreedictionary.com/Recourse

Term describing a type of loan. If a loan is with recourse, the lender has a the ability has the ability to fall back to the guarantor of the loan if the borrower fails to  ...

Answer
Recourse Loan
A type of loan that allows a lender to seek financial damages if the borrower fails to pay the liability, and if the value of the underlying asset is not enough to cover it. A recourse loan allows the lender to go after the debtor's assets that... More »
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What is the difference between a non-recourse loan and a recourse ...

www.investopedia.com

The essential difference between a recourse and non-recourse loan has to do with which assets a lender can ... In both types of loans, the lender is allowed to seize any assets that were used as collateral to secure the loan. ... Hot Definitions  ...

What is recourse loan? definition and meaning

www.businessdictionary.com

Definition of recourse loan: Loan agreement under which a borrower gives an undertaking to repay a debt even if the funded asset (acquired with the loan ...

Recourse vs. Nonrecourse Debt - IRS Courseware - Link & Learn ...

apps.irs.gov

A recourse debt holds the borrower personally liable. All other debt is considered nonrecourse. In general, recourse debt (loans) allows lenders to collect what is ...