recourseLoan
A Schema.org Property
This term is in the "new" area - implementation feedback and adoption from applications and websites can help improve our definitions.
- Canonical URL: https://schema.org/recourseLoan
- Check for open issues.
The only way you get the money back in the event of default is the security. Recourse is where you still have the opportunity to go back to the borrower for the rest of the money.
Acknowledgements
Financial Industry Business Ontology project
Source
https://github.com/schemaorg/schemaorg/issues/1253