accept full recourse

USAGE SUMMARY

The phrase "accept full recourse" is correct and usable in written English.
It can be used in legal or financial contexts to indicate that one party agrees to take on all responsibilities or liabilities associated with a particular situation. Example: "By signing this agreement, you accept full recourse for any damages that may arise from the project."

✓ Grammatically correct

News & Media

Science

Wiki

Human-verified examples from authoritative sources

Exact Expressions

1 human-written examples

The borrowers would accept full recourse to get the mortgage reduction.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

57 human-written examples

This situation is not acceptable, and we accept full responsibility.

TechCrunch

I accept full responsibility".

The New York Times

"We accept full responsibility".

The New York Times

"I accept full responsibility for my actions".

The New York Times

I accept full responsibility for that.

The Guardian - Sport

And for that they should accept full responsibility.

The Guardian - Opinion

To do this, local Muslim organisations must accept full partnership.

The Guardian - Opinion

"I accept full responsibility for my actions," said Jeremy Hammond.

Huffington Post

"I accept full responsibility for my conduct," he said, crying.

Huffington Post

We accept full responsibility for these improper activities".

Huffington Post

Expert writing Tips

Best practice

In financial contexts, ensure all parties understand the implications of accepting full recourse, including potential asset seizure in case of default.

Common error

Avoid substituting "regress" for "recourse". "Recourse" refers to a legal right to seek compensation or other remedies, while "regress" means to return to a previous state. Incorrect: 'The company accepted full regress.' Correct: 'The company accepted full recourse'.

Linguistic Context

The phrase "accept full recourse" functions as a verb phrase indicating the action of agreeing to be fully liable for any potential losses or damages. Ludwig AI confirms this usage through real-world examples, suggesting the phrase is grammatically sound and contextually appropriate.

Expression frequency: Rare

Frequent in

News & Media

33%

Science

33%

Wiki

33%

Less common in

Formal & Business

0%

Encyclopedias

0%

Academia

0%

Ludwig's WRAP-UP

The phrase "accept full recourse" signifies an agreement to bear complete responsibility and liability, primarily in legal or financial contexts. While grammatically correct, as confirmed by Ludwig AI, its usage is relatively rare. It's most frequently encountered in news reports, scientific articles, and wiki articles. When using this phrase, ensure all involved parties have a clear understanding of its implications, particularly concerning potential asset seizures. Alternatives such as "assume complete liability" or "take on complete accountability" may be considered depending on the desired nuance.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

assume full responsibility

A general synonym for "accept full recourse", less focused on legal implications.

assume complete liability

Focuses on the legal and financial aspect of taking on responsibility.

accept ultimate responsibility

Emphasizes that the responsibility is the highest and final one.

bear total responsibility

Emphasizes the weight and burden of responsibility.

take on complete accountability

Highlights the willingness to be answerable for actions and outcomes.

shoulder all liabilities

Suggests a willingness to carry the burden of potential debts or obligations.

agree to unlimited liability

Specifically addresses the financial aspect of responsibility without any caps or limits.

become fully liable

Highlights the process of transitioning into a state of complete legal responsibility.

own all obligations

Focuses on the ownership and acceptance of duties and commitments.

take full ownership

Emphasizes accepting responsibility and the consequences that go along with it.

FAQs

What does it mean to "accept full recourse" in a loan agreement?

To "accept full recourse" in a loan agreement means the borrower agrees that the lender can pursue all available legal means to recover the debt if the borrower defaults. This may include seizing assets beyond just the collateral.

When might someone be asked to "accept full recourse"?

Someone might be asked to "accept full recourse" when taking out a loan, signing a contract, or entering an agreement where their personal assets could be at risk if they fail to meet their obligations.

What's the difference between "full recourse" and "limited recourse"?

"Full recourse" means the lender can pursue all of the borrower's assets to recover a debt. "Limited recourse" restricts the lender's recovery to specific assets or collateral.

Are there alternatives to "accept full recourse" that I can use in formal writing?

Yes, in formal writing, you can use phrases such as "assume complete liability", "bear total responsibility", or "take on complete accountability".