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limited recourse

См. также в других словарях:

  • 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

  • limited recourse financing — See limited recourse loan. Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 …   Law dictionary

  • limited recourse loan — Finance provided by means of a loan that is secured by a charge on assets. Should the borrower default, the lender is entitled to enforce the charge but can recover only a limited amount of any shortfall directly from the borrower itself. This… …   Law dictionary

  • Limited Recourse Debt — A debt in which the creditor has limited claims on the loan in the event of default. Limited recourse debt sits in between secured bonds and unsecured bonds in terms of the backing behind the loan. Often a limited recourse debt contract is… …   Investment dictionary

  • limited recourse — A term describing a type of loan in which the lender has limited or no claim against the parent company if the collateral is insufficient to repay the debt. See: nonrecourse. Bloomberg Financial Dictionary …   Financial and business terms

  • limited recourse financing — 1) Recourse to a project sponsor attached to a specific project finance undertaking. 2) A loan made to a company specifically set up by a developer to manage a particular property. In case of default, the lender has no recourse to the other… …   Accounting dictionary

  • limited recourse financing — See project financing …   Big dictionary of business and management

  • recourse — noun (formal) ADJECTIVE ▪ constant, frequent ▪ limited (esp. BrE), little ▪ Drivers have little recourse but to wait until the weather clears. ▪ no other …   Collocations dictionary

  • limited — adj. VERBS ▪ appear, be, seem ▪ become ▪ remain ▪ keep sth ▪ She kept the plans carefully limit …   Collocations 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

  • Full Recourse Debt — A guarantee that no matter what happens, the borrower will repay the debt. Typically with a full recourse loan no occurrence, such as loss of job or sickness, can get the borrower out of the debt obligation. In this situation, if there is no… …   Investment dictionary

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