nonrecourse

1. 1.

   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.

   指一种融资(通常是债务融资)方式,贷款人在违约时仅能就抵押资产追偿的。

(=without recourse)无追索权