recourse Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “recourse” in the English Dictionary

(Definition of recourse from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"recourse" in American English

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recoursenoun [U]

 us   /ˈri·kɔrs, -koʊrs/ fml
a way of ​dealing with a ​difficult or ​unpleasantsituation: If the ​company won’t ​pay me, the only recourse ​left to me is to ​sue them.
(Definition of recourse from the Cambridge Academic Content Dictionary © Cambridge University Press)

"recourse" in Business English

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recoursenoun

uk   /rɪˈkɔːs/  us   /ˈrikɔːs/
[U or S] help, usually in the ​form of an ​officialsystem or ​process, for someone in a difficult ​situation: a recourse for sb The Ombudsman is a recourse for ​homeowners who ​feellet down by their ​estateagent. At ​present, older ​workers have no ​legal recourse if they ​think they have suffered age ​discrimination.have recourse to sth Not everyone has recourse to ​expensiveprofessionaladvice.sb's (only) recourse is to do sth Their only recourse is to ​file for an ​appeal before an ​administrativelawjudge.without/with no recourse to We should be able to ​resolve these ​types of ​disputes without recourse to a ​publicinquiry.provide/seek recourse The Patients' Bill of Rights ​provides recourse for patients wishing to ​sue for ​damages.
[U] FINANCE, LAW the ​legalright of a ​lender to take ​assets belonging to the ​borrower in ​addition to the ​asset used to ​guarantee the ​loan, if the ​loan is not ​repaid: In a ​loansale, a ​bank makes a ​loan and then ​sells the ​loan, without recourse, to a third ​party. a recourse ​agreement/​loan/​debt
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[U] FINANCE, LAW the ​legalright to ​demandpayment from someone who has ​signed a ​cheque or bill of ​exchange if the ​money is not ​paid on the ​agreeddate: The ​holder of the ​bill of ​exchange uses his or her right of recourse and ​submits the ​bill of ​exchange to someone ​connected with it.
(Definition of recourse from the Cambridge Business English Dictionary © Cambridge University Press)
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“recourse” in Business English

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