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. | A right of redress should a bill of exchange or other debt be dishonoured at its maturity. | ||
Revision as of 12:21, 11 May 2016
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.
