Recourse loan

A Loan for which an undersigner is Liable for payment if the borrower Default.

Related Terms: 6 Borrow, Default, Liable, Loan, Owe, RSI

Other Related Pages: Category: Lending_and_Credit Starting With: R

Additional Related Terms: Allowance for depreciation, All or any part, As is, Asset conversion loan, A shares, Assets under management, At the money, Across the board, Against the box, At the bell