recourse


recourse

noun

  1. access or resort to a person or thing for help or protection: to have recourse to the courts for justice.
  2. a person or thing resorted to for help or protection.
  3. the right to collect from a maker or endorser of a negotiable instrument. The endorser may add the words “without recourse” on the instrument, thereby transferring the instrument without assuming any liability.

noun

  1. the act of resorting to a person, course of action, etc, in difficulty or danger (esp in the phrase have recourse to)
  2. a person, organization, or course of action that is turned to for help, protection, etc
  3. the right to demand payment, esp from the drawer or endorser of a bill of exchange or other negotiable instrument when the person accepting it fails to pay
  4. without recourse a qualified endorsement on such a negotiable instrument, by which the endorser protects himself or herself from liability to subsequent holders
n.

late 14c., from Old French recours (13c.), from Latin recursus “a return, a retreat,” literally “a running back, a going back,” from stem of past participle of recurrere “run back, return” (see recur).

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