Recourse: Difference between revisions

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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 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 ==
== See also ==
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* [[Project finance]]
* [[Project finance]]
* [[Recourse finance]]
* [[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