May 8, 2008 18:31
16 yrs ago
2 viewers *
English term
Member non recourse debt minimum gain
Non-PRO
English
Bus/Financial
Business/Commerce (general)
Act of incorporation
Financial resposibilities
Responses
46 mins
the guaranteed minimum gain the member will achieve on non-recourse debt
still not clear on the details of membership...
Definitions of non-recourse debt on the Web:
A loan that is secured by some sort of collateral, usually property. The issuer can seize the collateral if the borrower defaults.
ir.firstdata.com/glossary.cfm
Where the lessor assigns the payment stream to a lending institution in exchange for a discounted present value payment.
varilease.com/resources/finance.html
Definitions of non-recourse debt on the Web:
A loan that is secured by some sort of collateral, usually property. The issuer can seize the collateral if the borrower defaults.
ir.firstdata.com/glossary.cfm
Where the lessor assigns the payment stream to a lending institution in exchange for a discounted present value payment.
varilease.com/resources/finance.html
Discussion
Thanks in advance, Marian, for your kind help,
Raramuristar