recourse arrangement meaning in English
追索合约
Examples
- This thesis consists of six parts : part one : the structure and operation process and the type of asset securitization . this section mainly introduces the rights and obligations of parties involving in securitization , also compares three kinds of abs in their cash flow design , collateral and potential recourse arrangement
文章共分六个部分：第一部分介绍了资产证券化的结构、流程与种类，主要讲了资产证券化的参与各方权利义务的设计与组织，并比较了转递证券、资产支持债券和转付证券三种资产支持证券的现金流设计、担保和潜在追索权的安排。