Recourse

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Dictionary Says

Definition of 'Recourse'

A legal agreement by which the lender has the rights to pledged collateral in the event that the borrower is unable to satisfy debt obligation. Recourse refers to the legal right to collect.
Investopedia Says

Investopedia explains 'Recourse'

Recourse lending provides protection to lenders, as they are assured to have some sort of repayment - either cash or liquid assets. Companies that issue recourse debt have a lower cost of capital, as there is less underlying risk in lending to that firm.

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Search results for

'Recourse'

  • What is the difference between a non-recourse loan and a recourse ...

    http://www.investopedia.com/ask/answers/08/nonrecourse-loan-vs-recourse-loan.asp
    The essential difference between a recourse and non-recourse loan has to do with
    which assets a lender can go after if a borrower fails to repay a. ...

  • Small Business: Speed Up Receivables To Avoid A Cash Crunch

    http://www.investopedia.com/articles/fundamental-analysis/08/factor-receivables.asp
    ... The answer depends on whether the business has a full recourse or non-recourse
    agreement with the factoring agent. With a full recourse ...

  • What is political risk and what can a multinational company do to ...

    http://www.investopedia.com/ask/answers/06/politicalrisk.asp
    ... expropriated. Unfortunately, most, if not all, of these American companies
    had no recourse for getting any of that money back. So ...

  • Housing Deals That Fall Through

    http://www.investopedia.com/articles/mortgage-real-estate/09/house-contract-falling-through.asp
    ... more on how to sell your home in a rough market in 12 Worst First-Time Homeseller
    Mistakes.) Also, check your contract to determine what recourse you have as ...

  • 5 Keys To Unlocking A Better Credit Score

    http://www.investopedia.com/articles/pf/07/credit-rebuilding.asp
    ... disability. In these instances your first recourse should be to contact the
    credit agency and request they make the appropriate changes. ...

  • CFA Level 1 Study Guide - Liabilities - Types Of Off-Balance-Sheet ...

    http://www.investopedia.com/exam-guide/cfa-level-1/liabilities/off-balance-sheet-financing-types.asp
    Sign In• Register• Free Annual Reports • Free Newsletters. Dictionary;
    Investing; Markets; Personal Finance; Active Trading; Forex; ...

  • 4 Common Credit Card Misconceptions - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0212/4-Common-Credit-Card-Misconceptions.aspx
    ... When faced with these surcharges, your only recourse is to notify the credit card
    networks that one of their merchants is violating its agreement with them. ...

  • ETF Liquidity: Why It Matters

    http://www.investopedia.com/articles/exchangetradedfunds/08/ETF-liquidity.asp
    ... While individual investors have little recourse when liquidity decreases, institutional
    investors who use ETFs may avoid some liquidity issues through buying ...

  • How To Appeal Your IRS Audit

    http://www.investopedia.com/articles/tax/09/appeal-your-audit.asp
    ... cases. But those who are unlucky enough to receive unfavorable adjustment
    rulings from an audit have more recourse than they realize. ...

  • Tax Court: Your Last Resort

    http://www.investopedia.com/articles/tax/09/tax-court-last-resort.asp
    ... if the appeals officer didn't agree with your position either, or only reduced your
    assessment by a small amount, you still have further recourse available to ...

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