- non–recourse note
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non–recourse note see note
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
note — 1 n 1 a: a written promise to pay a debt; specif: promissory note in this entry bank note: a promissory note issued by a bank payable to bearer on demand but without interest and circulating as money cog·no·vit note /käg nō vit , kōg /: a note in … Law dictionary
recourse — re·course / rē ˌkōrs, ri kōrs/ n 1 a: the act of turning to someone or something for assistance esp. in obtaining redress b: a means to a desired end esp. in the nature of a remedy or justice; also: the end itself 2: the right or ability to… … Law dictionary
Non-violation nullification of benefits — (NVNB) claims are a species of Dispute settlement in the World Trade Organization arising under World Trade Organisation multilateral and bilateral trade agreements. NVNB claims are controversial in that they are widely perceived to promote the… … Wikipedia
Non liquet — In law, a non liquet is a situation where there is no applicable law. Non liquet translates into English from Latin as it is not clear. [1] According to Cicero, the term was applied during the Roman Republic to a verdict of not proven where the… … Wikipedia
without recourse — (law and commerce) A qualified endorsement of a bill or promissory note indicating that the endorser takes no responsibility for non payment • • • Main Entry: ↑recourse * * * Finance a formula used to disclaim responsibility for future nonpayment … Useful english dictionary
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Bond (finance) — In finance, a bond is a debt security, in which the authorized issuer owes the holders a debt and, depending on the terms of the bond, is obliged to pay interest (the coupon) to use and/or to repay the principal at a later date, termed maturity.… … Wikipedia