nonrecourse

Valid in Scrabble

Definition of nonrecourse

1 sense · 1 part of speech · etymology included

(not-comparable)Of or pertaining to a form of financing, typically debt financing, in which the lender's recourse to recovery in the event of default is limited to the collateral asset only.

“nonrecourse loan”

Definitions from Wiktionary, CC BY-SA.

From non- + recourse.

200+ playable · top: RENOUNCERS (12 pts)

See every word you can make from a set of letters that includes nonrecourse, or browse word lists you can mine for high-scoring plays.

Find more plays Browse word lists