Recourse



noun
1.
access or resort to a person or thing for help or protection:
to have recourse to the courts for justice.
2.
a person or thing resorted to for help or protection.
3.
the right to collect from a maker or endorser of a negotiable instrument. The endorser may add the words “without recourse” on the instrument, thereby transferring the instrument without assuming any liability.
noun
1.
the act of resorting to a person, course of action, etc, in difficulty or danger (esp in the phrase have recourse to)
2.
a person, organization, or course of action that is turned to for help, protection, etc
3.
the right to demand payment, esp from the drawer or endorser of a bill of exchange or other negotiable instrument when the person accepting it fails to pay
4.
without recourse, a qualified endorsement on such a negotiable instrument, by which the endorser protects himself or herself from liability to subsequent holders

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