Recourse: Difference between revisions
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imported>Doug Williamson (Link with Limited recourse page.) |
imported>Doug Williamson (Classify page.) |
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1. | 1. ''Law'' | ||
''Law'' | |||
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. | ||
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* [[Recourse finance]] | * [[Recourse finance]] | ||
* [[Payments and payment systems]] | * [[Payments and payment systems]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | |||
[[Category:Corporate_finance]] | |||
[[Category:Identify_and_assess_risks]] | |||
[[Category:Manage_risks]] | |||
[[Category:Financial_products_and_markets]] | |||
[[Category:Trade_finance]] | |||
Revision as of 13:22, 26 February 2021
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.
