Related Words

Half Course: A course spanning over one semester as opposed to a Full Course (course taken over two semesters).

Full Course: A course taken over two semesters as opposed to a Half Course (course taken over one semester).

Limited Recourse: Rights only to specifically stipulated assets to satisfy an unpaid debt.

Honey Recourse Loan Program: A program authorized by the emergency provisions of the FY1999 USDA appropriations act (P.L. 105-277, October 21, 1998) that makes recourse loans based on a national average rate of $0.56 pe . . . View Full Definition

Humanities Courses: Humanities courses are classes that cover subjects such as literature, philosophy, language, and the fine arts. Most undergraduate degrees require a certain number of humanities credit hours.

Mohair Recourse Loan Program: A program authorized by the emergency provisions of the FY1999 USDA appropriations act (P.L. 105-277, October 21, 1998) that makes interest-free recourse loans of $2.00 per pound on mohair p . . . View Full Definition

Nonrecourse: In the case of default, the lender has ability to claim assets over and above what the limited partners contributed.

Non-Credit Courses: These are classes or courses that do not meet the requirements for a certificate or a degree at a given institution. Non-credit courses may serve one of several purposes: to explore new fiel . . . View Full Definition

Holder In Due Course: The holder of a negotiable instrument (check or note) purchased for value when the instrument appears complete and regular on its face, is taken before its due date and without notice of pre . . . View Full Definition

Magnetic Course: COMPASS COURSE ± deviation.