Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. "Without recourse" means that a party selling a financial asset is not liable for a borrower ...
James Chen, CMT is an expert trader, investment adviser, and global market strategist. Doretha Clemons, Ph.D., MBA, PMP, has been a corporate IT executive and professor for 34 years. She is an adjunct ...