| Financial-Dictionary.org Financial jargon revealed... |
|
|
|
|
Dictionaries by Category
Financial News
|
| Definition Of: |
Nonrecourse
A type of borrowing in which the lessor-borrower is not at-risk for the borrowed funds. The lender expects repayment from the lessee and/or the value of the leased equipment; hence- the lender's credit decision is based upon the creditworthiness of the lessee- as well as the expected value of the leased equipment.
|
| |
Leasing Dictionary INDEX:
List of Terms: Terms beginning with "A", Page 1 |
|
1 2 3 4 A: Page 1 of 4.
|
|
|
|
|
| Copyright 2008, Financial-Dictionary.org. All rights reserved. |
|
|
