Limited recourse
From ACT Wiki
When debt or finance is 'limited recourse', it means that the security rights of the lender or other finance provider are restricted.
It is an intermediate situation, in between full recourse, and non-recourse.
When debt or finance is 'limited recourse', it means that the security rights of the lender or other finance provider are restricted.
It is an intermediate situation, in between full recourse, and non-recourse.