have recourse to

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Related to recourse: Without recourse, have recourse to

have recourse to something

to be able to use something for help; to be able to fall back on something. You will always have recourse to the money your grandfather left you. You will not have recourse to that money until you are over 21 years of age.
See also: have
References in periodicals archive ?
1001-2(a) (2), which states that the amount realized on a sale or other disposition of property that secures a recourse liability does not include amounts that are (or would be if realized and recognized) income from the discharge of indebtedness under Sec.
Thus: The object of the recourse for the law's interest is represented by the assurance of a unitary interpretation and application of criminal laws and criminal procedures all across Romania when law matters received different solutions from the judiciary instances.
If upheld, the ruling could create great uncertainty about the recourse provisions of thousands of current, terminated and troubled CMBS apartment loans worth more than $100 billion made over the last decade.
The majority of mortgage lenders insist on full recourse to the borrower for environmental problems associated with the property and a breach by the borrower of the environmental covenants and warranties.
The revised Regulation Y (12 CFR 225, appendix D) that was approved by the Board on November 8, 2001 (effective January 1, 2002), which amended the tier 1 leverage measure of the capital adequacy guidelines for bank holding companies for agreements involving recourse, direct-credit substitutes, and residual interests.
Recourse Technologies builds products to trap and track hackers.
Richard Frazier owned property with an adjusted basis of $495,000 and a recourse debt of $586,000.
Under any of the financing methods described -- full recourse, without recourse or limited liability -- you can share in the interest rate offered to your customer or subsidize the rate to bolster sales.
Generally, the bank regulators maintain that any risk retained by an institution on the sale of its assets constitutes a recourse transaction, regardless of the remoteness of the risk.
Example 1: J owns property with a $40,000 basis that is subject to a $50,000 recourse debt.
The rule was revised for agreements involving recourse, direct-credit substitutes, and residual interests.
77, Reporting by Transferors for Transfers of Receivables with Recourse, according to James A.
Dick can convert his general partner interest into a limited partner interest without incurring tax on the transaction, unless his share of partnership recourse liabilities exceeds the pre-transaction basis in his partnership interest.
There are two basic types of factors: recourse factors, which will negotiate terms under which they can recover the money if a receivable is overdue; and nonrecourse factors (generally larger institutions), which will buy receivables outright and assume full responsibility for collection.
Thus, it becomes especially important to ensure that banks maintain adequate capital for such arrangements, including sales of assets with recourse.