What NONRECOURSE DEBT means: Nonrecourse debt is debt for which the borrower is not personally liable. If the borrower defaults, the lender can take the property used to secure the loan, but no other property of the borrower.
- Definition Noncustodial Parent:
- Dictionary The noncustodial parent is the parent who does not have physical custody of the child or who has custody of the child for the samller part of the year nonrecourse debt definition.
- Definition Nontaxable Earned Income:
- Dictionary Income a taxpayer receives for services that is excludable from gross income. Examples include military housing allowances, ministers' housing allowances, and excludable combat pay nonrecourse debt explain.
- Definition Nonrefundable Credit:
- Dictionary A credit that cannot exceed the taxpayer's tax liability nonrecourse debt what is.
- Definition Nontaxable Distributions:
- Dictionary applied to stock dividend distributions that are not taxable. These distributions generally take the form of return of capital, stock dividends, stock splits, and/or tax-free distributions nonrecourse debt meaning.
How works Nonrecourse Debt meaning in Tax definitions N .
