nonrecourse

adjective non·re·course \ˈnän-ˈrē-ˌkȯrs, -ri-ˈ\

Definition of NONRECOURSE

: being or based on an agreement in which the lender has no right of recourse to the borrower's assets beyond stated limits <a nonrecourse note> <a nonrecourse loan>

First Known Use of NONRECOURSE

1926

Rhymes with NONRECOURSE

charley horse, Crazy Horse, cutting horse, harness horse, hobbyhorse, intercourse, minicourse, outercourse, pommel horse, quarter horse, reinforce, rocking horse, saddle horse, telecourse, tour de force, Trojan horse, vaulting horse, watercourse

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