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Finance Glossary
Terms Beginning With N
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Definition of 'Non-Recourse'

Non-Recourse factoring operates where factors are unable to reclaim bad debts from a clients accounts.

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z #

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Recourse Factor Risk / Non-Factor Risk Agency Costs Allotment Price Arbitrage Pricing Theory Association of LLoyds Members (ALM)Bond Building Society Cancellation Right City Panel Company Director Credit Union Enfacement Foreign Banking Foreign Bond Foreign Bonds Laissez-Faire Non-Competitive Bid Non-Discretionary Non-Executive Director

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