Nonrecourse Debt
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Non-Recourse Finance

A loan secured by the revenue of the project the loan intends to fund, and nothing else. That is, non-recourse finance does not allow the bank or other lending institution access to the borrower's other assets in the event of default. This is a relatively high-risk form of financing; projects that utilize non-recourse finance generally have uncertain revenue streams and long loan periods.

Nonrecourse Debt

Nonrecourse debt is debt for which the borrower is not personally liable. If the borrower defaults, the lender can take the property used to secure the loan, but no other property of the borrower.

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No references found			LLC and its REIT affiliates, CPA:16--Global and CPA:17--Global, have closed approximately $120 million in non-recourse debt financing for the sale-leaseback of The New York Times Company's Midtown Manhattan headquarters. W.P. Carey closes on $120m NY Times deal by Real Estate Weekly The sale will eliminate approximately $575 million of associated non-recourse debt from El Paso's balance sheet. EL PASO CORP. TO SELL CEDAR BRAKES I/II by Worldwide Energy 91-31, the IRS ruled that a reduction in the principal amount of an undersecured non-recourse debt by the creditor (who was not the seller of the property securing the debt) resulted in cancellation of indebtedness (COD) income to the debtor to the extent of the debt discharged. Debt cancellation treatment clarified by Chmiel, Dean R. / The Tax Adviser			Non-Accredited Investor Non-Callable Bond Non-Cash Charge Non-Client Order Non-Conforming Mortgage Non-Contestability Clause Non-Deliverable Forward Non-Deliverable Swap Non-Directed Order Non-Discretionary Proposal Non-Equity Option Non-Farm Payroll Non-Fluctuating Non-GAAP Non-Interest-Bearing Current Liability Non-Marketable Debt Non-Monetary Job Characteristics Non-Negotiable Non-Objecting Beneficial Owner Non-Obligatory Expenditure Non-Operating Cash Flow Non-Payment Non-Permanent Resident Alien Non-Positive Non-Qualified Distribution Non-recourse debt Non-Recourse Finance Non-Renounceable Right Non-Tariff Barriers Non-Transferable Nonaccredited Investor nonaccrual Nonaccrual Loan Nonacquiescence Nonactionable Subsidy Nonaligned Movement Nonassessable Capital Stock nonassumption clause Nonbank Bank Nonbank Banks Nonboard Company Nonborrowed Reserves Nonbusiness Bad Debts Nonbusiness Expense Deduction Nonbusiness Income Noncallable Noncancellable Health Insurance Noncancellable Insurance Policy noncapital expenditures Noncash Charge Noncash Item			Non-Real-Time Packet Queue Non-Real-Time Polling Service Non-Real-Time Services non-rebreathing circuit non-rebreathing circuit non-rebreathing circuit non-rebreathing circuit non-rebreathing circuit Non-Rebreathing Face Mask Non-Receptor Tyrosine Kinase Non-rechargeable batteries Non-rechargeable batteries Non-rechargeable batteries Non-rechargeable battery Non-rechargeable battery Non-rechargeable battery Non-reciprocal Non-reciprocal Non-reciprocal Non-reciprocal Non-reciprocal Non-Reciprocal Bi-Isotropic Non-Reciprocal Microstrip Antenna Non-Reciprocal Periphery Link Manipulation Method Non-Reciprocal Wave Propagation Non-Recognition Non-Recognizable Target Non-Reconfigurable Cell Non-Record Material Non-Recorded Option Non-recourse debt Non-Recourse Finance Non-Recourse Finance Non-Recourse Finance Non-Recourse Financing Non-recourse loan Non-Recourse Loans Non-Recourse Premium Financing Non-Recoverable Expense Non-Recoverable In-Flight Shut-Down non-recurring non-recurring Non-Recurring Adoption Expense Non-Recurring Charge Non-Recurring Charge Non-Recurring Charges Non-Recurring Closing Costs Non-Recurring Cost Non-Recurring Effort Non-recurring engineering Non-Recurring Engineering Charge Non-Recurring Expense Non-Recurring Revenue Non-Recurring Trip Charge Non-recursive Non-recursive Non-Recursive and Non-Systematic Code Non-Redeemable Non-reducing sugar non-redundant amino acid

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Nonrecourse Debt (redirected from Non-recourse debt)

Nonrecourse Debt
(redirected from Non-recourse debt)