without recourse
Defined in 5 dictionaries — Case Law, Cyclopedic (1922), Ballentine's (1916), Bouvier (1914), Black's (1910)
Definitions from Case Law
From 295 U.S. 209 - Awotin v. Atlas Exchange National Bank · 1935Most cited · 184 citing opinions
the words were used in a broad and nontechnical sense, as precluding, at least, any form of arrangement or agreement in consequence of which the bank is obligated to save the purchaser harmless from loss incurred by reason of his purchase. The phrase is broader than a mere limitation upon the power to contract, although embracing that limitation. It is a prohibition of liability, whatever its form, by way of 'recourse' growing out of the transaction of the business.
The Cyclopedic Law Dictionary
Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922
An indorsement of a negotiable instrument, whereby the indorser relieves himself of any liability to subsequent holders. The usual form is by prefixing the words "Without recourse" to the indorser's signature.
Ballentine's Law Dictionary
James A. Ballentine · 1916
Bouvier's Law Dictionary and Concise Encyclopedia
John Bouvier; revised by Francis Rawle · 1914
See Sa Ns Recours; Indorsement.
Black's Law Dictionary
Henry Campbell Black, M.A. · 1910