NONRECOURSE


Meaning of NONRECOURSE in English

(|) ̷ ̷+ adjective

Etymology: non- (I) + recourse, n.

: not giving a holder the right to sue the borrower or endorser for a deficiency or loss — used especially of price-support loans to farmers made by the Commodity Credit Corporation

Webster's New International English Dictionary.      Новый международный словарь английского языка Webster.