Long term contracts and Recourse: Difference between pages

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''Accounting.'' 
A right of redress should a bill of exchange or other debt be dishonoured at its maturity. For example, a claim against an earlier holder of the bill.
 
A project undertaken by an organisation which spans different accounting periods. 
 
This normally means a contract exceeding one year but in certain circumstances may be contracts of less than one year, but spanning a company's year end.




== See also ==
== See also ==
* [[Accounting period]]
* [[Acquirer]]
* [[Contract]]
* [[Bill of exchange]]
*[[Longer term]]
* [[Factoring]]
*[[Term]]
* [[Forfaiting]]
 
* [[Non-recourse]]
[[Category:Accounting,_tax_and_regulation]]
* [[Project finance]]
[[Category:The_business_context]]
* [[Recourse finance]]

Revision as of 14:30, 25 January 2014

A right of redress should a bill of exchange or other debt be dishonoured at its maturity. For example, a claim against an earlier holder of the bill.


See also