The phrase "without recourse" is used in the form of making a qualified or restrictive indorsement of a bill or note. By these words the indorser signifies that while he transfers his property in the instrument, he does not assume the responsibility of an indorser. See Lyons v. Fitzpat rick, 52 La. Ann. 697, 27 South. 111. … [Read more...] about RECOURSE
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RECOMPENSE OR RECOVERY IN VALUE
That part of the judgment in a "common recovery" by which the tenant la declared entitled to recover lands of equal value with those which were warranted to him and lost by the default of the vouchee. See 2 Bl. Comm. 358-359. … [Read more...] about RECOMPENSE OR RECOVERY IN VALUE
RECORD OF NISI PRIUS
Eng. law. A transcript from the issue roll; it contains a copy of the pleadings and issue. Steph. Pl. 105. … [Read more...] about RECORD OF NISI PRIUS
RECOURSE LOAN
A loan that is guaranteed by a guarantor. … [Read more...] about RECOURSE LOAN
RECONCILE
See reconciliation; to settle to satisfaction. To resolve an prior ostensible discrepancy. … [Read more...] about RECONCILE
