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			Liabilities would include your debt including the entire amount of recourse debt and the amount of nonrecourse debt that is not in excess of the value of the property that is held as security by the debt. Cancellation of Debt and the Insolvency Exclusion by Paul Sunndin / Finance and Investment community COD Income Rules for Nonrecourse Debt (Including Qualified Nonrecourse Debt) A lender's foreclosure in satisfaction of nonrecourse debt, including qualified nonrecourse debt, is treated as a deemed sale, with the proceeds equal to the amount of the debt. Tax planning for troubled debt by Dillon, Paul; Eagan, Michael / The Tax Adviser XXX Securitizations One increasingly common alternative is to securitize XXX reserves by issuing nonrecourse debt securities in the capital markets. Making the move: regulatory changes have forced life insurers to ... by Potter, Nicholas F.; Dembeck, John; Brill, Elizabeth K. / Best's Review			Nonpar Item Nonparallel Shift in the Yield Curve Nonparticipating Nonparticipating Life Insurance Policy Nonparticipating Preferred Stock Nonperforming Asset nonperforming loan Nonprice Competition Nonprobate Property Nonproductive Loan Nonprofit nonprofit corporation Nonprofit Organization Nonpublic Information Nonpublic Record nonpublicly traded REIT Nonpurpose Loan Nonqualified Annuity Nonqualified Plan Nonqualified Stock Option Nonqualifying Annuity Nonqualifying Stock Option Nonrated Nonrated Bonds Nonrecourse Nonrecourse Debt nonrecourse loan Nonrecurring Charge Nonredeemable Nonrefundable Nonrefundable Credit Nonreproducible Asset Nonreproducible Assets Nonresident Alien Nonsmoker Nonsterilized Intervention Nonsystematic Risk Nontaxable Distributions Nontaxable Dividends Nontaxable Earned Income Nontaxable Exchange Nontaxable Income Nontradables nontraded REIT Nonviolation Nullification of Benefits Nonvoting Stock Nordic Council Nordic Investment Bank NOREX Norges Bank Norio Ohga			nonrapid eye movement nonrapid eye movement nonrapid eye movement sleep Nonrated Nonrated Bond nonrated bonds Nonrated Crewmember Nonrated Line nonrational nonrational nonreactive nonreactive load Nonreactor Nuclear Facility nonreader Nonreading Aptitude Test Battery Nonreassuring Fetal Heart Rate Tracing nonrebreather nonrebreathing anesthesia nonreciprocal nonreciprocating nonreclosing pressure relief device nonrecognition nonrecombinant Nonrecombining Region of the Y Chromosome nonrecording rain gage Nonrecourse Nonrecourse Debt Nonrecourse Finance Nonrecourse Financing Nonrecourse loan Nonrecourse Loans nonrecoverable nonrecoverable error nonrecreational Nonrecurrent Nonrecurrent Nonrecurring Nonrecurring Nonrecurring charge Nonrecurring charge Nonrecurring Charges Nonrecurring Cost Nonrecurring Costs nonrecurring decimal nonrecurring demand Nonrecurring Investment nonrecurring issue Nonrecurring Production Costs Nonrecurring Recoupment Charge nonrecursive filter Nonredeemable Nonreducible Rotational Head Tilt Deformity nonredundant system Nonreferenced Single-Ended

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