Non recourse finance: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Administrator
(CSV import)
 
imported>Doug Williamson
(Add link.)
 
(2 intermediate revisions by the same user not shown)
Line 1: Line 1:
Finance from a lender for a commercial credit on terms which transfer the risk of default by the commercial debtor from the commercial seller to the lender or some third party guarantor or insurer; the lender has no recourse to the commercial seller.  
Finance from a lender for a commercial credit on terms which transfer the risk of default by the commercial debtor from the commercial seller to the lender or some third party guarantor or insurer; the lender has no recourse to the commercial seller.  
   
   
In project finance, a financing which relies exclusively on the cashflows arising from the project and where the lender has no recourse to the company or companies undertaking the project.
In project finance, a financing which relies exclusively on the cashflows arising from the project and where the lender has no recourse to the company or companies undertaking the project.


== See also ==
== See also ==
* [[Company]]
* [[Default]]
* [[Finance]]
* [[Guarantor]]
* [[Insurer]]
* [[Project finance]]
* [[Recourse]]
* [[Recourse finance]]
* [[Recourse finance]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Trade_finance]]

Latest revision as of 06:34, 11 March 2023

Finance from a lender for a commercial credit on terms which transfer the risk of default by the commercial debtor from the commercial seller to the lender or some third party guarantor or insurer; the lender has no recourse to the commercial seller.


In project finance, a financing which relies exclusively on the cashflows arising from the project and where the lender has no recourse to the company or companies undertaking the project.


See also