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单词 non-recourse
释义 non-recourse

non-recourse adjective [only before noun]

(Finance )

used to describe a loan or debt where the lender only has the right to take back the asset that was bought with the loan if the money is not paid back, and cannot take any of the borrower's other assets:

They borrowed €7.5 billion on a non-recourse basis.

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更新时间:2025/1/22 19:00:16