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单词 non-recourse
释义
  • Business

non-recourseadjective [ before noun ]

also nonrecourse ukus

FINANCE used to describe a loan in which the lender has the right to take only the asset bought with the loan if it is not paid back, and does not have the right to take any other assets:

non-recourse debt/loan/mortgage They financed the $1.2 million purchase with a non-recourse loan.
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更新时间:2024/12/23 19:11:02