TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

NONRECOURSE LOAN [1 record]

Record 1 2004-09-22

English

Subject field(s)
  • Loans
DEF

A loan arrangement where the lender agrees not to pursue the borrower for amounts owing over and above the value of the security pledged if the borrower is unable to pay.

French

Domaine(s)
  • Prêts et emprunts

Spanish

Campo(s) temático(s)
  • Préstamos
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