adj
Meaning 1
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.
Definition source: English Wiktionary via Wiktextract
Usage: not-comparable
Topics: business, finance
Examples
- nonrecourse loan
Meaning relationships
Synonyms: none provided
Antonyms: none provided