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 Nine-Bond Rule:
- Examples An NYSE rule requiring that orders for nine bonds or fewer stay on the floor for one hour to seek a market nonrecourse definition.
- Definition Net Advantage To Merging:
- Examples The difference in total post- and pre-merger market value minus the cost of the merger nonrecourse explain.
- Definition Nonfinancial Services:
- Examples Such things as freight, insurance, passenger services, and travel nonrecourse what is.
- Definition Net Present Value (NPV):
- Examples The present value of the expected future cash flows minus the cost nonrecourse meaning.
- Definition Net Working Capital:
- Examples Current assets minus current liabilities. Often simply referred to as working capital nonrecourse abbreviation.
