recourse


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Related to recourse: Without recourse, have recourse to

recourse

1. the right to demand payment, esp from the drawer or endorser of a bill of exchange or other negotiable instrument when the person accepting it fails to pay
2. without recourse a qualified endorsement on such a negotiable instrument, by which the endorser protects himself from liability to subsequent holders
References in periodicals archive ?
The FCC offers virtually no information to consumers about how to prevent this type of fraud or information about how to seek recourse if they are targeted.
Wolverhampton's No Recourse to Public Funds (NRPF) multi-agency protocol was launched on July 17 by Councillor Jasbir Jaspal, Cabinet Member for Public Health and Wellbeing, with members of the NRPF Stakeholder Forum in attendance.
Recourse Loans: Approximately 84.5% of the loans in the pool are full or partial recourse to the loan sponsor.
"This non-recourse CMBS loan will replace ten individual mortgages, each of which was structured with recourse, while returning additional capital to the sponsor.
1.752-2(a), limited liability company (LLC) members share recourse liabilities in the same proportions in which they bear the economic risk of loss with respect to the liability.
The Mirwaiz said in such a difficult and testing time our faith in Allah's help and blessing becomes our ultimate recourse and our faith in that recourse becomes our strength.
Traditionally banks in the UAE have opted to write off a business that fails to meet its obligations, as there was little recourse in the first place for distressed businesses to restructure.
The most common form of factoring arrangement across most jurisdictions is a recourse factoring arrangement.
Nasrallah: Come to officials table AL-MUSTAQBAL: Berri is reassured to dialogue and sees presidency related to regional decision THE DAILYSTAR: Hariri: Dialogue should be Lebanon's Recourse Former Prime Minister Saad Hariri highlighted to Future Movement officials Monday the importance of dialogue between the Lebanese and the need to elect a president as soon as possible.
In a detailed paper on 'frequently asked questions' dealing with contentious issues including liability, compensation and right of recourse in case of a nuclear accident, the External Affairs Ministry said, "There is no proposal to amend the Civil Liability for Nuclear Damage (CLND) Act or the Rules." The foreign suppliers of the reactors cannot be sued for the damages by victims of a nuclear accident but can be held liable by the operator who has the right of recourse that could be operationalised through the contract between the operator and the supplier, they said.
Different methodology means our adjusted FY14 net recourse leverage estimate (4x) is nearly twice the company's most recent figure of 2.1x Fitch Ratings says.
by Lalit K Jha on 8 July, 2014 - 10:50 WASHINGTON (Pajhwok): The US Secretary of State, John Kerry on Tuesday expressed grave concern over reports of protests in Afghanistan and of suggestions of a parallel government, adding there is no justifiable recourse to violence.