recourse loan
recourse loan 有追索权的贷款 在借款人违约时，除以抵押财产清偿贷款外，贷款人还有权要求以借款人或担保人的个人财产清偿的贷款。
recourse loan
recourse loan
A loan that allows the lender, if the borrower defaults, not only to attach the collateral but also to seek judgment against the borrower’s (or guarantor’s) personal assets. [Cases: Secured Transactions 227, 240. C.J.S. Secured Transactions §§ 152, 164–166, 168–169, 172, 174–175, 180–183.]