external recourse

Recourse is the right to claim reimbursement of costs, damages, or losses arising from a transaction from another party. In logistics and transport, i...

Internal recourse is the right of a liable party (such as an insurer or carrier) to seek repayment from another party within the same legal entity or ...

A legal right of a party that has paid compensation to a third party to seek reimbursement from the party liable for the loss or damage.

The term does not appear to be an established specialist term in logistics. Without additional context or a source, a precise, generally accepted defi...

A recourse claim is a right of one party against another to recover, from that party, the damages it has already paid to a third party, typically when...

Costs borne by society or third parties rather than by the entity performing an activity, such as environmental damage, health impacts, accidents, noi...