Limited recourse: Difference between revisions
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When debt or finance is 'limited recourse', it means that the security rights of the lender or other finance provider are restricted. | When debt or finance is 'limited recourse', it means that the security rights of the lender or other finance provider are restricted. | ||
Limited recourse is an intermediate situation, in between full recourse, and non-recourse. | |||
Revision as of 15:24, 9 September 2017
When debt or finance is 'limited recourse', it means that the security rights of the lender or other finance provider are restricted.
Limited recourse is an intermediate situation, in between full recourse, and non-recourse.