Connection lost
Server error
Make crime pay. Become a lawyer.
✨ Enjoy an ad-free experience with LSD+
Legal Definitions - no recourse
A lawyer without books would be like a workman without tools.
✨ Enjoy an ad-free experience with LSD+
Definition of no recourse
Definition: No recourse means that there is no way to get reimbursement or a judgment against a person or entity. It can also be indicated by a notation on a bill or loan.
Example 1: The bank had no recourse against the individual executive for collection of the corporation's debts.
Example 2: The bill was indorsed "no recourse".
These examples illustrate that when there is no recourse, there is no way to get money back or hold someone accountable for a debt or obligation. This can be a problem for banks or lenders who may not be able to collect on a loan or debt if there is no recourse. It is important to understand the terms of any agreement or contract to know if there is recourse or not.
The only bar I passed this year serves drinks.
✨ Enjoy an ad-free experience with LSD+
Simple Definition
Term: NO RECOURSE
Definition: No recourse means that there is no way to get money back from someone or a company or to make them pay for something they owe. It's like having no options or no power to make them do what they should do. Sometimes, a bill or loan may have a note that says "no recourse" which means that the person or company who gave the loan or bill cannot try to get their money back from the person who received it.
A judge is a law student who marks his own examination papers.
✨ Enjoy an ad-free experience with LSD+