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Limited recourse

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Limited recourse
A term describing a type of loan in which the lender has limited or no claim against the parent company if the collateral is insufficient to repay the debt. See:Nonrecourse.


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Petunia gave Venture a limited recourse installment promissory note (Petunia-Venture note).
At-risk rules flow through loss limitations by Avery, Sarah / The Tax Adviser
The notes have limited recourse to certain assets of the issuer and are without recourse to the cedant.
A.M. Best Assigns Rating to Atlas Re III p.l.c.'s Principal at Risk ... by Business Wire
UPC Wind Partners, LLC ("UPC Wind") announced today that it has closed the first limited recourse loan facility in connection with Clipper Turbine Works, Inc.
UPC Wind Closes First Limited Recourse Financing for Clipper Wind ... by Business Wire
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