Recourse: Difference between revisions
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1. ''Law'' | 1. ''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. | ||
Latest revision as of 13:27, 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.
