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How to pronounce “nonrecourse”
Hear “nonrecourse” in real YouTube speech, then study definitions and example sentence snippets.
Pronunciation guide for nonrecourse
- Learning goal
- Practice the English pronunciation of nonrecourse with real speech in context.
- Available examples
- 0 YouTube examples
- Definition summary
- (finance) Of or pertaining to a form of financing, typically debt financing, in which the lender's recourse to recovery in the event of default is limited to the collateral asset only.
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A Deep Dive Into “nonrecourse”
Meaning
- [Adjective]
- (finance) Of or pertaining to a form of financing, typically debt financing, in which the lender's recourse to recovery in the event of default is limited to the collateral asset only.
Practice Nearby Words
collateral, limited-liability, asset-backed, mortgage-backed, collateralized, collateralised, resi, nonassignment, lienholding, person-to-person, on-loaned, ringfenced, droitural, prerefunded, judgement proof, in rem, residuary, anti-avoidance, mohatra, private, fiduciary, antiassignment, anti-detriment, correal, delinquent, non-compete, debentured, liened, whole-life, tail, astricted, antiforeclosure, antirebating, circulating, notional, all-risks, no-bail, derivative, banklike, relinquent, residuent, outstanding, bondholding, free, interest-bearing, antisuit, closely held, libre, drop-lock, voting, collectible, postdivestiture, copyfree, cumulative, expectative, antideferral, moratory, landlocked, assessorial, forfeit, free and clear, anti-lapse, extradotal, lineal, legal, privileged, insolvent, censitary, low bono, parafiscal, superficiary, predicate, immovable, freeledge, owing, unexpired, postbailout, ex delicto, hold harmless, close, proprietary, bonded, distressed, residental, ganancial, unitholding, tax-deferred, transitory, freehold, joint and several, antiwarehousing, mutual, trust, fixed-term, due and payable, landowning, incorporated, bermudan, unititular, orse
Similar Sounds
manticores, noncore, minicars, minicar, concourse, on course, on record, underscores, concours, smart cars