HomeDefinitionsCompareDebt WithoutThe financial definition for Without:Indicates a one-way market if 70 were bid in the market and there was no offer, the quote would be "70 bid without.". Similar MatchesWithout recourseWithout recourseGiving the lender no right to seek payment or seize assets in the event of nonpayment from anyone other than the party specified in the debt contract (such as a special-purpose entity). Without Recourse FinancingWithout Recourse FinancingFinancing in which the right of recourse to the party receiving funds is forfeited to the party advancing funds. This may be evidenced by conditions added to the endorsement of a draft being sold by an exporter in order to protect the exporter, if the instrument is not paid at maturity by the original obligor. Click to compare definitions of Without Click to view definitions beginning wi |