drawn without recourse

简明释义

无追索权

英英释义

例句

1.When the bond was drawn without recourse, investors felt more secure knowing they couldn't be pursued for additional payments.

当债券是不追索地开出时，投资者感到更安全，因为他们知道不会被追讨额外的付款。

2.The contractor received payment via a check drawn without recourse, ensuring they would not be held responsible if the funds were insufficient.

承包商通过一张不追索地开出的支票收到了付款，确保他们不会因为资金不足而负责。

3.The bank issued a letter of credit that was drawn without recourse to the applicant, meaning they are not liable for repayment.

银行发出了一封信用证，不追索地开出给申请人，这意味着他们不需要承担还款责任。

4.The invoice was drawn without recourse, allowing the seller to transfer the risk of non-payment to the buyer.

发票是不追索地开出的，这允许卖方将不付款的风险转移给买方。

5.In the event of default, the promissory note was drawn without recourse, protecting the endorser from any claims.

如果违约，票据是不追索地开出的，这保护了背书人免受任何索赔。

作文

In the world of finance and banking, various terms and phrases are used to describe specific actions and agreements. One such phrase is drawn without recourse, which holds significant importance in transactions involving promissory notes or drafts. To understand this term better, we must first break it down into its components and contextualize it within financial practices.When a financial instrument, such as a bill of exchange or a promissory note, is drawn without recourse, it means that the party who receives the instrument cannot seek repayment from the party that issued it if the payment is not made. This essentially places the risk of default on the holder of the instrument rather than the issuer. For example, if a business issues a promissory note to a supplier and states that it is drawn without recourse, the supplier accepts the note with the understanding that if the business fails to pay, the supplier cannot pursue further claims against the business.This arrangement can be beneficial in certain contexts. It allows issuers to secure necessary funding or goods without the burden of potential future liabilities. For suppliers or lenders, however, accepting a drawn without recourse instrument requires careful consideration of the creditworthiness of the issuer. If the issuer defaults, the holder of the instrument may face significant losses since they have no legal recourse to recover their funds.The concept of drawn without recourse is particularly relevant in international trade, where companies often engage in transactions across borders. In such cases, the risk of non-payment can be heightened due to various factors such as political instability, currency fluctuations, and differing legal systems. By using instruments that are drawn without recourse, exporters can mitigate some of the risks associated with international sales, although they must also be aware of the potential downsides.Furthermore, the use of drawn without recourse instruments can influence the overall dynamics of negotiation between parties. When one party agrees to accept a note or draft under these terms, it can indicate a level of trust or confidence in the relationship. Conversely, it may also signal a lack of security, prompting the other party to conduct thorough due diligence before proceeding.In conclusion, the phrase drawn without recourse encapsulates a crucial aspect of financial transactions that impacts both the issuer and the holder of financial instruments. Understanding this term allows individuals and businesses to navigate the complexities of financial dealings more effectively. While it offers certain advantages, such as reduced liability for the issuer, it also imposes significant risks on the holder, emphasizing the importance of assessing credit risk and conducting proper evaluations before entering into such agreements. As finance continues to evolve, grasping the nuances of terms like drawn without recourse will remain essential for anyone engaged in financial transactions, whether domestically or internationally.

在金融和银行的世界中，使用各种术语和短语来描述特定的行为和协议。其中一个短语是无追索权出票，在涉及本票或汇票的交易中具有重要意义。要更好地理解这个术语，我们必须首先将其分解为组成部分，并将其置于金融实践的背景中。当一项金融工具，如汇票或本票，无追索权出票时，这意味着接收该工具的一方如果未能付款，则无法向发行该工具的一方寻求偿还。这实际上将违约的风险放在了工具的持有人身上，而不是发行人。例如，如果一家企业向供应商出具了一张本票，并声明该票据为无追索权出票，则供应商在接受该票据时明白，如果企业未能付款，则无法进一步追索企业。这种安排在某些情况下可能是有利的。它允许发行人在不承担未来潜在责任的情况下获得所需的资金或商品。然而，对于供应商或贷款人而言，接受无追索权出票的工具需要仔细考虑发行人的信用价值。如果发行人违约，工具的持有人可能会面临重大损失，因为他们没有法律追索权来收回资金。无追索权出票的概念在国际贸易中尤为相关，在这种情况下，公司经常进行跨境交易。在这种情况下，由于政治不稳定、货币波动和不同的法律体系等各种因素，违约的风险可能会加大。通过使用无追索权出票的工具，出口商可以减轻与国际销售相关的一些风险，尽管他们也必须意识到潜在的缺点。此外，使用无追索权出票的工具可以影响双方谈判的整体动态。当一方同意在这些条款下接受票据或汇票时，这可能表明双方之间存在一定程度的信任或信心。相反，它也可能表示缺乏安全感，促使另一方在继续之前进行彻底的尽职调查。总之，短语无追索权出票概括了影响金融工具的发行人与持有者的重要方面。理解这一术语使个人和企业能够更有效地应对金融交易的复杂性。虽然它为发行人提供了某些优势，例如减少责任，但它也给持有人施加了重大风险，强调了在进入此类协议之前评估信用风险和进行适当评估的重要性。随着金融的不断发展，掌握像无追索权出票这样的术语的细微差别将对任何参与国内或国际金融交易的人来说仍然至关重要。