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recourse to credit

См. также в других словарях:

  • Credit derivative — In finance, a credit derivative is a securitized derivative whose value is derived from the credit risk on an underlying bond, loan or any other financial asset. In this way, the credit risk is on an entity other than the counterparties to the… …   Wikipedia

  • Credit rating agency — Corporate finance …   Wikipedia

  • Recourse —   A general term meaning that the purchaser of a financial asset from an original creditor has a claim on the original creditor in case the debtor defaults. Specific arrangements to provide recourse arise in a variety of innovative transactions,… …   International financial encyclopaedia

  • 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

  • Warehouse line of credit — A warehouse line of credit is a credit line used by mortgage bankers. It is a revolving line of credit in which a mortgage banker arranges for a loan from a warehouse lender, thenthe original note from the loan is kept by the warehouse lender,… …   Wikipedia

  • Transactions with recourse —   An arrangement whereby a bank sells a loan or other asset to a third party, but retains an obligation to assume the credit risk if the borrower defaults or the value of the asset otherwise deteriorates. Typically, these involve the sale of… …   International financial encyclopaedia

  • Non-Recourse Sale — A transaction in which a creditor turns a bad debt over to a third party in exchange for a percentage of the total debt amount, and in which the third party is without means of redress or compensation if the debt remains uncollectible. In a… …   Investment dictionary

  • Кредит — (Credit) Кредит это сделка по передаче материальных ценностей в ссуду Понятие кредита, разновидности кредита, оформление, условия и выдача кредита Содержание >>>>>>>>>>>> …   Энциклопедия инвестора

  • Factoring (finance) — This article is about finance. For other uses, see Factor (disambiguation). Corporate finance …   Wikipedia

  • Cancellation of Debt (COD) Income — Part of a series on Taxation Taxation in the United States …   Wikipedia

  • Loan — For other uses, see Loan (disambiguation). Finance Financial markets …   Wikipedia

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