recourse loan

基本解释

The proposed Average Crop Revenue (ACR) program's recourse loan also has raised ASA concern.
在拟定的作物平均收益（ACR）计划中的追索权贷款也使美国大豆协会感到担忧。
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Project financing is a new-type more flexible international fund -raising method, namely non-recourse or limited-recourse loan.
项目融资属于一种新型的，较为灵活的国际筹资方式，在国际上称作“无追索或有限追索贷款”。
But last Friday, things hit the fan at Bear Stearns and the Fed stepped in to provide a non-recourse 4 week loan to Bear Stearns, through JPMorgan Chase (JPM).
但是更糟糕的是，上周五美联储通过摩根大通银行（JPM）向贝斯登为期四周并且无追索权的贷款。

The classic example of a non-recourse loan is a simple mortgage (if you sign a personal guarantee in addition to the mortgage, that changes the nature of the loan).
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The loan was non-recourse—meaning that Landow could not be sued personally if he defaulted.
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Similarly, if a property is sold at foreclosure or in a short sale and the underlying mortgage is recourse (meaning the borrower has personal responsibility for any excess loan deficiency remaining after the sale), then to the extent the remaining deficiency is forgiven, the borrower will again recognize COD income.
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