Difference between revisions of "Limited recourse"

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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.
  
It is an intermediate situation, in between full recourse, and non-recourse.
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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.


See also