Recourse Daniel Guidotti 14 years ago RecourseDenotes type of loan agreement where lender can lay claim against borrowing company or guarantor in case collateral given cannot cover the complete debt.Random Finance Terms for the Letter SReceivables Balance FractionsReceivables Turnover RatioReceiverReceive Versus PaymentRecession ResistantReclamationRecord DateRecouplingRecourseRed HerringRecommended for you:Recession Resistant Receivables Balance Fractions Recoupling Red Herring