recourse debt
11Debt-to-GDP ratio — Government debt as percentage of GDP globally. (2009 estimates) …
12Recourse note — A recourse note is a debt note held by a lender that entitles the lender to seek financial recourse upon the default of the borrower. The note is usually secured by a mortgage or a deed.ee also*Loan …
13Nonrecourse 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… …
14Cancellation of Debt (COD) Income — Part of a series on Taxation Taxation in the United States …
15Non-Recourse Expense — An accounting term that sometimes refers to the cost of absorbing losses on defaulted non recourse debt. In other words, when a borrower fails to repay a non recourse loan, the lender s only possible recourse is to seize any pledged collateral… …
16non-recourse — UK US (also nonrecourse) adjective [before noun] ► FINANCE used to describe a loan in which the lender has the right to take only the asset bought with the loan if it is not paid back, and does not have the right to take any other assets: non… …
17nonrecourse debt — Debt secured by the property that it is used to purchase. The purchaser of the property is not personally liable for the debt upon default. Rather, the creditor s recourse is to repossess the related property. Nonrecourse debt generally does not… …
18nonrecourse debt — Debt secured by the property that it is used to purchase. The purchaser of the property is not personally liable for the debt upon default. Rather, the creditor s recourse is to repossess the related property. Nonrecourse debt generally does not… …
19External debt — Map of countries by external debt based on 2005 CIA factbook figures Map of countries by externa …
20Non-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… …
