Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

no recourse

Read a random definition: reverse confusion

A quick definition of no recourse:

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 more thorough explanation:

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.

no progress | No Religious Test Clause

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
LSD+ is ad-free, with DMs, discounts, case briefs & more.