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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 recourse as a legal term. What does without recourse mean in law?

www.investopedia.com/terms/w/without-recourse.asp

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 liability is limited to warranties pertaining to the quality of an installment ...

www.businessdictionary.com/definition/without-recourse.html

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 drawer) of a negotiable instrument, is assuming the risk of ...

www.collinsdictionary.com/us/dictionary/english/without-recourse

Without recourse definition: a qualified endorsement on such a negotiable instrument, by which the endorser protects... | Meaning, pronunciation, translations and examples.

www.law.cornell.edu/wex/without_recourse

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 another party cannot sue that party, or at least cannot obtain adequate relief even if a lawsuit moves forward. Someone completely without recourse cannot sue anyone ...

www.merriam-webster.com/dictionary/recourse

Examples of recourse in a Sentence. The dispute was settled without recourse to law. a toddler quickly learns that a tantrum is a surefire recourse when a polite request for something is met with parental indifference ...

www.thesaurus.com/browse/without%20recourse

Synonyms for without recourse at Thesaurus.com with free online thesaurus, antonyms, and definitions. Dictionary and Word of the Day.

smallbusiness.chron.com/sales-recourse-recourse-mean-34678.html

When it comes to sales, "with recourse" is a legal term that means with subsequent liability, and "without recourse" means without subsequent liability. The sales agreement signed by the buyer and seller determines whether a sale is a recourse sale or a without recourse sale and thereby determines the respective rights ...

dictionary.cambridge.org/us/dictionary/english/without-recourse

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