Meaning NONRECOURSE: In the case of default, the lender has ability to claim assets over and above what the limited partners contributed
More terms such as Nonrecourse in Dictionary N.
- Definition Nondiversifiability Of Human Capital:
- Examples The difficulty of hedging one's human capital (the unique capabilities and expertise of individuals) and employment effort nonrecourse definition.
- Definition Novation:
- Examples Defeasance whereby the firm's debt is cancelled nonrecourse explain.
- Definition NICs:
- Examples Newly Industrialized Countries, which are countries with high-growth industrial economies, such as Hong Kong and Malaysia nonrecourse what is.
- Definition Nonrecourse Loan:
- Examples A loan taken by limited partners used to finance their portion of the partnership, which is secured by their ownership in the venture nonrecourse meaning.
- Definition Net Realized Capital Gains Per Share:
- Examples Capital gains realized by an investment company minus any capital losses divided by the total number of the company's outstanding shares nonrecourse abbreviation.