Recourse: Difference between revisions
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imported>Doug Williamson m (Added more general definition along lines of Oxford English Dictionary 5/2/14) |
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For example, a claim against an earlier holder of the bill. | For example, a claim against an earlier holder of the bill. | ||
2. | 2. | ||
Revision as of 14:25, 5 February 2014
1. Law
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.
2.
More generally, seeking assistance or help from a third person or entity.
