on a nonrecourse basis
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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
Commercial bank — After the implementation of the Glass–Steagall Act, the U.S. Congress required that banks engage only in banking activities, whereas investment banks were limited to capital market activities. As the two no longer have to be under separate… … Wikipedia
Real estate economics — is the application of economic techniques to real estate markets. It tries to describe, explain, and predict patterns of prices, supply, and demand. The closely related fields of housing economics is narrower in scope, concentrating on… … Wikipedia
factoring — involves the cash purchase of a business sales invoices at a discount, after which, the factoring company collects the invoiced amounts from the business customers. Factoring is used where the business needs immediate cash. Glossary of Business… … Financial and business terms
leveraged lease — A type of financial lease in which the lessor borrows a high percentage of the cost of the leased asset on a nonrecourse basis from lenders. This is also sometimes called a third party equity lease or a tax lease … Black's law dictionary
leveraged lease — A type of financial lease in which the lessor borrows a high percentage of the cost of the leased asset on a nonrecourse basis from lenders. This is also sometimes called a third party equity lease or a tax lease … Black's law dictionary
Cancellation of Debt (COD) Income — Part of a series on Taxation Taxation in the United States … Wikipedia
Crane v. Commissioner — Supreme Court of the United States Argued December 11, 1946 Decided April 14, 1 … Wikipedia
Factoring (finance) — This article is about finance. For other uses, see Factor (disambiguation). Corporate finance … Wikipedia
Commissioner v. Tufts — Supreme Court of the United States Argued November 29, 1982 Decided May 2, 1983 … Wikipedia
Security interest — A security interest is a property interest created by agreement or by operation of law over assets to secure the performance of an obligation, usually the payment of a debt.[1] It gives the beneficiary of the security interest certain… … Wikipedia