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Without recourse legal definition of without recourse - Legal Dictionary

legal-dictionary.thefreedictionary.com/without recourse

Definition of without recourse in the Legal Dictionary - by Free online English dictionary and encyclopedia. What is without recourse? Meaning of without ...

Without Recourse Definition | Investopedia


Without recourse is a phrase that has several meanings. In a general sense, when the buyer of a promissory note or other negotiable instrument assumes the  ...

Checks endorsed "without recourse" won't bounce - snopes.com


Comment: I have recently heard that if you endorse a check and include the phrase 'without recourse' that you are not held liable if the check is

without recourse | Barrons Dictionary | AllBusiness.com


Barrons Dictionary | Definition for: without recourse.

What is with recourse? | LC | What is without recourse?


With recourse and without recourse are two terms defining whether or not the paying letter of credit bank shall claim refund from the beneficiary in case it could  ...

What Does "Without Recourse" Mean in the Assignment Area of an ...


If your loan contract has an "assignment without recourse" clause, it means that this could happen to you. What an "assignment without recourse" clause means ...

Without recourse | Definition, meaning & more | Collins Dictionary


Without recourse | a qualified endorsement on such a negotiable instrument, by which the endorser protects himself or herself from liability to subsequent ...

without recourse Meaning in the Cambridge English Dictionary


without recourse meaning, definition, what is without recourse: a phrase written on a bill of exchange (= signed document promising to pay someone money…

Recourse | Definition of Recourse by Merriam-Webster


1 a : a turning to someone or something for help or protection <settled the matter without recourse to law> b : a source of help or strength : resort <had no ...

recourse - definition of recourse in English from the Oxford dictionary


1.1 [ mass noun ] (recourse to) The use of (someone or something) as a source of help in a difficult situation: a means of solving disputes without recourse to ...

Without Recourse
This phrase has several meanings. In a general sense, when the buyer of a promissory note or other negotiable instrument assumes the risk of default. Without recourse can also refer to a financing arrangement where the dealer's maximum possible... More »
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Without recourse | Wex Legal Dictionary / Encyclopedia | LII / Legal ...


A phrase meaning that one party has no legal claim against another party. It is often used in two contexts:1. In litigation, someone without recourse against ...

What is without recourse? definition and meaning


Definition of without recourse: Without subsequent liability. As a legal term it signifies that a buyer (and not the seller) of an asset, or the holder (and not the ...

What is check endorsement without recourse? | Reference.com


Check endorsement without recourse keeps a bank from withdrawing the amount of the check, as well as any fees, from a depositor's account even if the ...