Recourse: Difference between revisions
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imported>Doug Williamson (Linked to The Treasurers Handbook - Payments and payment systems) |
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Revision as of 16:30, 29 November 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.