|
 |
||
 |
| This dictionary contains: 24549 financial terms |
 |
Without recourse
|
|
Without recourseGiving the lender no right to seek payment or seize assets in the event of nonpayment from anyone other than the party specified in the debt contract.
RELATED TERMS--------------------------------------
Lender
Person or institution that lends money to someone else.
Right
Privilege granted shareholders of a corporation to subscribe to shares of a new issue of common stock before it is offered to the public.
Payment
The amount required to repay a loan, including interest and fees.
Debt
Money borrowed.
Contract
A term of reference describing a unit of trading for a financial or commodity future. Also, the actual bilateral agreement between the buyer and seller of a transaction as defined by an exchange.
SIMILAR TERMS--------------------------------------
With average (W.A.)
Marine cargo insurance coverage providing for partial loss or damage to goods, either with or without a deductible.
With dividend
Purchase of shares that entitle the buyer to the forthcoming dividend.
With ice
When issued.
With rights
Shares sold accompanied by entitlement the buyer to buy additional shares in the company's rights issue.
Withdraw
To take money out of a bank account.
Withdrawal plan
1) A payment structure arranged with a mutual fund in which the investor receives a set amount of funds from the fund on a periodic basis. 2) Any strategy in which an investor liquidates a portion of their portfolio and extracts cash periodically.
Withholding
Any tax that is taken directly out of an individual's wages or other income before he or she receives the funds.
Withholding tax
Tax deducted at source from payments such as dividends.
Without
Indicates a one-way market if 70 were bid in the market and there was no offer, the quote would be "70 bid without.".
Without recourse financing
Financing in which the right of recourse to the party receiving funds is forfeited to the party advancing funds.
PREVIOUS AND NEXT TERMS--------------------------------------
Withdraw
To take money out of a bank account.
Withdrawal plan
1) A payment structure arranged with a mutual fund in which the investor receives a set amount of funds from the fund on a periodic basis. 2) Any strategy in which an investor liquidates a portion of their portfolio and extracts cash periodically.
Withholding
Any tax that is taken directly out of an individual's wages or other income before he or she receives the funds.
Withholding tax
Tax deducted at source from payments such as dividends.
Without
Indicates a one-way market if 70 were bid in the market and there was no offer, the quote would be "70 bid without.".
Without recourse
Without recourse financing
Financing in which the right of recourse to the party receiving funds is forfeited to the party advancing funds.
Woody
Slang to describe when the market has a strong and quick upward movement.
Work in progress
Partially manufactured goods.
Working
Attempting to complete the remaining part of a trade, by finding either buyers or sellers for the rest.
Working away
Transacting with another broker-dealer.
RELATED TERMS--------------------------------------
Lender
Person or institution that lends money to someone else.
Right
Privilege granted shareholders of a corporation to subscribe to shares of a new issue of common stock before it is offered to the public.
Payment
The amount required to repay a loan, including interest and fees.
Debt
Money borrowed.
Contract
A term of reference describing a unit of trading for a financial or commodity future. Also, the actual bilateral agreement between the buyer and seller of a transaction as defined by an exchange.
SIMILAR TERMS--------------------------------------
With average (W.A.)
Marine cargo insurance coverage providing for partial loss or damage to goods, either with or without a deductible.
With dividend
Purchase of shares that entitle the buyer to the forthcoming dividend.
With ice
When issued.
With rights
Shares sold accompanied by entitlement the buyer to buy additional shares in the company's rights issue.
Withdraw
To take money out of a bank account.
Withdrawal plan
1) A payment structure arranged with a mutual fund in which the investor receives a set amount of funds from the fund on a periodic basis. 2) Any strategy in which an investor liquidates a portion of their portfolio and extracts cash periodically.
Withholding
Any tax that is taken directly out of an individual's wages or other income before he or she receives the funds.
Withholding tax
Tax deducted at source from payments such as dividends.
Without
Indicates a one-way market if 70 were bid in the market and there was no offer, the quote would be "70 bid without.".
Without recourse financing
Financing in which the right of recourse to the party receiving funds is forfeited to the party advancing funds.
PREVIOUS AND NEXT TERMS--------------------------------------
Withdraw
To take money out of a bank account.
Withdrawal plan
1) A payment structure arranged with a mutual fund in which the investor receives a set amount of funds from the fund on a periodic basis. 2) Any strategy in which an investor liquidates a portion of their portfolio and extracts cash periodically.
Withholding
Any tax that is taken directly out of an individual's wages or other income before he or she receives the funds.
Withholding tax
Tax deducted at source from payments such as dividends.
Without
Indicates a one-way market if 70 were bid in the market and there was no offer, the quote would be "70 bid without.".
Without recourse
Without recourse financing
Financing in which the right of recourse to the party receiving funds is forfeited to the party advancing funds.
Woody
Slang to describe when the market has a strong and quick upward movement.
Work in progress
Partially manufactured goods.
Working
Attempting to complete the remaining part of a trade, by finding either buyers or sellers for the rest.
Working away
Transacting with another broker-dealer.
We thank you for using the Financial Dictionary to search for Without recourse. If you have a better definition for Without recourse than the one presented here, please let us know by making use of the suggest a term option. This definition of Without recourse may be disputed by other professionals. Our attempt is to provide easy definitions on Without recourse and any other medical topic for the public at large.
This dictionary contains 24549 terms.
|
|