Limited recourse: Difference between revisions
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imported>Doug Williamson (Expand last sentence.) |
imported>Doug Williamson m (Update links.) |
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Revision as of 13:43, 2 May 2018
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.
