Meaning RECOURSE: Term describing a type of loan. If a loan is with recourse, the lender has a general claim against the parent company if the collateral is insufficient to repay the debt
More terms such as Recourse in Dictionary R.
- Definition Reflation:
- Examples Government monetary action that causes a reversal of deflation recourse definition.
- Definition Refunding Escrow Deposits (REDs):
- Examples instrument involving a forward purchase contract that obligates investors to buy bonds at a certain rate when issued. The future date coincides with the first optional call date on an existing high recourse explain.
- Definition Regulation G:
- Examples Federal Reserve Board regulation of lenders other than commercial banks, brokers, or dealers that provide credit for the purchase of or carrying of securities recourse what is.
- Definition Reinvestment Rate:
- Examples The rate at which an investor assumes interest payments made on a debt security can be reinvested over the life of that security recourse meaning.
- Definition Retirement:
- Examples Removal from circulation of stock or bonds that have been reacquired or redeemed recourse abbreviation.
