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Nonrecourse

• Without recourse, as in a non-recourse lease.

 
 Embedded terms in definition
 Lease
Recourse
Without recourse
Without
 
 Related Terms
 Nonrecourse basis

<< Nonparticipating preferred stock Nonrecourse basis >>

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Avoid having your ego so close to your position that when your position falls, your ego goes with it. - Colin Powell

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