Debt for which the borrower is not personally liable. In the event of default, the lender has access to the collateral and nothing else.
Related information about nonrecourse debt:
- Nonrecourse debt - Wikipedia, the free encyclopedia
Nonrecourse debt. From Wikipedia, the free encyclopedia. Jump to: navigation, search. Non-recourse debt or a non-recourse loan is a secured loan (debt) that is ...
- Recourse vs. Nonrecourse Debt - IRS Courseware - Link & Learn ...
Recourse vs. Nonrecourse Debt. Debt for which a borrower is personally liable is referred to as recourse debt. All other debt is referred to as nonrecourse debt.
- Tax Shelters, Nonrecourse Debt, and the Crane Case
the idea that investors benefit when they are "relieved" of nonrecourse debt. ... nonrecourse debt in excess of its basis, unless the taxpayer receives cash or ...
- Federal Income Tax Treatment of Nonrecourse Debt - JStor
equal to or greater than the amount of the nonrecourse debt for the entire ... proper treatment of a situation in which nonrecourse debt exceeds fair market ...
- Cancellation of Debt Related To Real Estate - EisnerAmper
Apr 20, 2012 ... Nonrecourse debt is secured by collateral. As with the bankruptcy discussion and recourse debt, the result is different for nonrecourse debt.
- GATX - Investor Relations - Recourse and Nonrecourse Debt
Nonrecourse debt is primarily collateralized by assigned lease cash flow and a security interest in the underlying lease asset. Nonrecourse lenders take the ...
- What is nonrecourse debt? definition and meaning
Definition of nonrecourse debt: Debt for which the borrower is not personally liable. In the event of default, the lender has access to the collateral and nothing ...
- Nonrecourse Debt - Financial Dictionary - The Free Dictionary
A loan secured by the revenue of the project the loan intends to fund, and nothing else. That is, non-recourse finance does not allow the bank or other lending ...