Word: nonrecourse
Part of speech: Adjective
Syllables: non
re
course
Definition: Of or pertaining to a form of financing, typically debt financing, in which the lender's recourse to recovery in the event of default is limited to the collateral asset only.
Morphemes:
Affix: non-
Language: en
PoS: Prefix
Meaning: Used in the sense of no or none to show lack of or failure to perform; or in the sense of not to negate the meaning of the word to which it is prefixed.
Etymology Compounds: Affix: nōn
Language: ML.
Decoded: non
Meaning: not
Affix: recourse
Language: en
PoS: Noun
Meaning: The act of seeking assistance or advice.
Etymology Compounds: Affix: recursus
Language: la
Decoded: recursus
PoS: Participle
Meaning: recurred