recourseLoan

The only way you get the money back in the event of default is the security. Recourse is where you still have the opportunity to go back to the borrower for the rest of the money.

Comment
The only way you get the money back in the event of default is the security. Recourse is where you still have the opportunity to go back to the borrower for the rest of the money.
Contributor
FIBO
DomainIncludes
LoanOrCredit
IsPartOf
pending.schema.org
Label
recourseLoan
RangeIncludes
Boolean
Source
1253