Focus on the pronunciation of non-recourse
English definition of “non-recourse”
non-recourse (also nonrecourse)
adjective [before noun]
› FINANCE used to describe a loan in which the lender has the right to take only the asset bought with the loan if it is not paid back, and does not have the right to take any other assets: non-recourse debt/loan/mortgage They financed the $1.2 million purchase with a non-recourse loan.