- liable to recourse
- regreßpflichtig
First banking dictionary. Winfried Honig. 2014.
liable to recourse
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recourse — re·course / rē ˌkōrs, ri kōrs/ n 1 a: the act of turning to someone or something for assistance esp. in obtaining redress b: a means to a desired end esp. in the nature of a remedy or justice; also: the end itself 2: the right or ability to… … Law dictionary
recourse — To recur. The right of a holder of a negotiable instrument to recover against a party secondarily liable, e.g., prior endorser or guarantor. Therefore, if a prior endorser signs without recourse, he exempts himself from liability for payment, but … Black's law dictionary
recourse loan — Loan on which an endorser or guarantor is liable in event of default of borrower. See also recourse with recourse Compare nonrecourse loan … Black's law dictionary
limited recourse debt — USA limited recourse debt, Also known as a non recourse debt. A debt that is secured by a security interest in collateral but for which the lender has limited claims against the borrower in the event of a default. If the borrower defaults, the… … Law dictionary
non-recourse debt — USA limited recourse debt, Also known as a non recourse debt. A debt that is secured by a security interest in collateral but for which the lender has limited claims against the borrower in the event of a default. If the borrower defaults, the… … Law dictionary
without recourse — Words that may be used by a drawer in signing a draft or check so as to eliminate completely the drawer s secondary liability. This phrase, used in making a qualified indorsement of a negotiable instrument, signifies that the indorser means to… … Black's law dictionary
with recourse — Term which may be used in indorsing negotiable instrument and by which the indorser indicates that he remains liable for payment of the instrument. See also recourse Compare without recourse … Black's law dictionary
Регрессат — лицо, к которому предъявлено регрессное требование по векселю. По английски: Person liable to recourse См. также: Регрессные требования Финансовый словарь Финам … Финансовый словарь
SURETYSHIP — (Heb. עַרְבוּת), one person s undertaking to fulfill the obligation of another toward a third person (called the arev, ḥayyav, and nosheh, respectively). In Jewish law fulfillment of an obligation is secured primarily through the assets of the… … Encyclopedia of Judaism
Nonrecourse debt — Non recourse debt or a non recourse loan is a secured loan (debt) that is secured by a pledge of collateral, typically real property, but for which the borrower is not personally liable. If the borrower defaults, the lender/issuer can seize the… … Wikipedia
OBLIGATIONS, LAW OF — This law is concerned with the rights of one person as against those of another (jus in personam), as distinguished from the law of property, which is concerned with a person s rights in a chattel or other property as against the world at large… … Encyclopedia of Judaism
