WITHOUT RECOURSE

  

Copyright © Philip M. Parker, INSEAD. Terms of Use.

WITHOUT RECOURSE

Specialty Definition: WITHOUT RECOURSE

DomainDefinition

Finance

A term used in the secondary mortgage market. It is a clause in a sales contract by which a lender sells mortgage loans to an investor. It means the seller/lender is under no obligation to reimburse the buyer/investor for any losses resulting from the purchased loans. See with full recourse. (references)

Shipping

A phrase preceding the signature of a drawer or endorser of a negotiable instrument; signifies that the instrument is passed onto subsequent holders without any liability to the endorser in the event of nonpayment or nondelivery. (references)

Source: compiled by the editor from various references; see credits.

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Crosswords: WITHOUT RECOURSE

English words defined with "WITHOUT RECOURSE": naturalism. (references)
Specialty definitions using "WITHOUT RECOURSE": insurance reserveself insurance reserves. (references)

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Commercial Usage: WITHOUT RECOURSE

DomainTitle

Books

  • Dissertation on the Subject of a Congress of Nations, for the Adjustment of International Disputes Without Recourse to Arms (reference)

    (more book examples)

Source: compiled by the editor from various references; see credits.

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Photo Album: WITHOUT RECOURSE

ThumbnailDescription & Credit

Without recourse. Credit: Library of Congress.

Source: pictures compiled by the editor from various references; see picture credits.

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Non-Fiction Usage: WITHOUT RECOURSE

SubjectTopicQuote

Health

Special attention is paid to the role of drugs in relation to problem feelings and behaviors, and how problems may be solved without recourse to drugs. (references)

Economic History

Bahrain

Nevertheless, most commercial disputes are resolved privately without recourse to the courts or formal arbitration. (references)

Uae

Arbitration may commence by petition to the federal courts on the basis of mutual consent, a written arbitration agreement, independently by nomination of arbitrators, or through a referral to an appointing authority without recourse to judicial proceedings. (references)

Human Rights

Namibia

Some traditional leaders reportedly continued to detain and imprison persons accused of minor offenses without recourse to police or judicial review. (references)

Political Economy

Kuwait

Executive and legislative leaders continued to strengthen political institutions by resolving major disagreements within the framework of the Constitution and without recourse to extrajudicial measures. (references)

Trade

Japan

Factoring and other forms of receivables financing (whether with or without recourse) are not common in Japan, and more conservative businesspeople find such arrangements a violation of the "relationship" between buyer and seller. (references)

Worker Rights

Ecuador

However, the majority of workers work in the large informal and rural sector without recourse to the minimum wage or to legally mandated benefits. (references)

Source: compiled by the editor from ICON Group International, Inc.; see credits.

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Expression: WITHOUT RECOURSE

Expression using "WITHOUT RECOURSE": indorsement without recourse. Additional references.

Source: compiled by the editor from various references; see credits.

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Modern Translation: WITHOUT RECOURSE

Language Translations for "WITHOUT RECOURSE"; alternative meanings/domain in parentheses.

Danish

  

endossement sine obligo (indorsement sans recours, indorsement without recourse, qualified indorsement). (various references)

   

Hungarian

  

felelősség nélkül. (various references)

   

Pig Latin

  

ithoutway ecourseray

   

Russian 

  

не прибегая к помощи (without recourse to). (various references)

Source: compiled by the editor from various translation references.

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Anagrams: WITHOUT RECOURSE

Scrabble® Enable2K-Verified Anagrams

Words within the letters "c-e-e-h-i-o-o-r-r-s-t-t-u-u-w"

-4 letters: couturieres.

-5 letters: courthouse, couturiere, couturiers, ecotourist, retouchers, stretchier, switcheroo.

Source: compiled by the editor from various references; see credits.

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INDEX

1. Crosswords
2. Usage: Commercial
3. Images: Photo Album
4. Quotations: Non-fiction
5. Expressions
6. Translations: Modern
7. Anagrams
8. Bibliography


  

Copyright © Philip M. Parker, INSEAD. Terms of Use.