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Webster's New World College Dictionary » recourse
recourse
recourse definition
re·course (rē′kôrs′, ri kôrs′)
noun
- a turning or seeking for aid, safety, etc. to have recourse to the law
- that to which one turns seeking aid, safety, etc. one's last recourse
- Commerce, Law the right to demand payment from the maker or endorser of a negotiable instrument, as a bill of exchange: usually in without recourse, without obligation to pay (added by the endorser to a bill of exchange to escape possible liability)
Etymology: ME recours < OFr < L recursus, a running back: see re- & course
Webster's New World College Dictionary Copyright © 2009 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.
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