non-recourse debt

基本解釋

Package buying instruments are financial services activities held by commercial banks to exporters, and guar-anteed by banks of debt certificate of non-recourse buying.
包買票據是商業(yè)銀行對出口商持有，并經銀行擔保的債權憑證無追索權購買的金融服務活動。

The only loophole was deducting interest on non-recourse debt, and that should remain limited in Section 469.
FORBES: Bring Back Housing By Bringing Back Tax Shelters
Just tweak Section 469 to limit its application to non-recourse debt only.
FORBES: Bring Back Housing By Bringing Back Tax Shelters
Going into 1986, there were tax shelter abuses, mostly from the use of non-recourse debt, and investors writing off much more than their cost basis.
FORBES: Bring Back Housing By Bringing Back Tax Shelters