nonrecourse basis
nonrecourse basis
Finance dictionary of financial terms
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Economics and finance
Definition of nonrecourse basis
nonrecourse basis: The basis on which accounts receivable are sold to a factor with the understanding that the factor accept all credit risks on the purchased accounts.
Source : http://foba.lakeheadu.ca/hartviksen/2039/Finance%20Dictionary.doc
link: http://foba.lakeheadu.ca/
Author : not indicated on the source document of the above text
Finance dictionary of financial terms
Finance dictionary of financial terms index
Definition and meaning of nonrecourse basis
Meaning of nonrecourse basis
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