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recourse loan
Definition
A
loan
for which an undersigner is
liable
for
payment
if the
borrower
defaults
.
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Nearby Terms
recorder
recording
recording of a lien
recoup
recourse
recourse loan
recourse note
recover
recoverable ACT
recoverable amount
recovery
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equity
triple net lease
leverage
interest rate
amortization
security
accounts receivable
quick ratio
financial leverage
accounts payable
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