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deuda sin recurso

English translation: non-recourse debt

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:deuda sin recurso
English translation:non-recourse debt
Options:
- Contribute to this entry
- Include in personal glossary

11:56 Nov 12, 2000
Spanish to English translations [PRO]
Bus/Financial
Spanish term or phrase: deuda sin recurso
las deudas de las concesionarias son sin recurso a XXXX (nombre de empresa)
agus1
Spain
Local time: 19:51
DEBTS...ARE WITHOUT RECOURSE
Explanation:
See web page entitled thus.

http://www.google.com/search?q=cache:www.investopedia.com/te...

las deudas de las concesionarias son sin recurso a XXXX (nombre de empresa)


The debts of the concessionaries are WITHOUT RECOURSE TO xxxx(Verb form)

Noun form is NON-RECOURSE DEBT
Selected response from:

xxxLia Fail
Spain
Local time: 19:51
Grading comment
Many thanks to everyone.
4 KudoZ points were awarded for this answer

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Summary of answers provided
narecourseless debt?Alfonso Romero
nathe debts (incurred by/of) concession-holders are not to
Parrot
naDEBTS...ARE WITHOUT RECOURSExxxLia Fail
nanon-recourse debtsmudge
nabad debt
Hilde Mol- Lukkezen


  

Answers


4 mins
bad debt


Explanation:
Me parece "deuda incobrable" o no?

Hilde Mol- Lukkezen
Local time: 19:51
Native speaker of: Native in DutchDutch
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39 mins
non-recourse debt


Explanation:
Basically what this means is that the debt of the concession holders will be non-recourse; i.e. in the event of default there is no unlimited recourse to the parent company. I have seen this in government granted concessions where a project company/consortium is formed by parent companies taking only limited liability for the debt incurred for the project/concession.


    Life as an investment banker in Mexico.
smudge
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 16

Peer comments on this answer (and responses from the answerer)
Yolanda Broad
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2 hrs
DEBTS...ARE WITHOUT RECOURSE


Explanation:
See web page entitled thus.

http://www.google.com/search?q=cache:www.investopedia.com/te...

las deudas de las concesionarias son sin recurso a XXXX (nombre de empresa)


The debts of the concessionaries are WITHOUT RECOURSE TO xxxx(Verb form)

Noun form is NON-RECOURSE DEBT


xxxLia Fail
Spain
Local time: 19:51
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 1368
Grading comment
Many thanks to everyone.

Peer comments on this answer (and responses from the answerer)
Yolanda Broad
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3 hrs
the debts (incurred by/of) concession-holders are not to


Explanation:
have recourse to XXXX

This is a standard reading that means XXXX (likely the distributor) shall not be held answerable for the debts incurred by its concessionaires.

Parrot
Spain
Local time: 19:51
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 7645

Peer comments on this answer (and responses from the answerer)
Yolanda Broad

Linda N
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5 days
recourseless debt?


Explanation:
I haven´t used this word, but since resource is related, and resourceless can be used, I think it´s a good option

Alfonso Romero
Mexico
Local time: 12:51
PRO pts in pair: 6
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