| Part of Speech | Definition | |
| Expression | 1. A bill of exchange which a person accepts, or a note which a person makes and delivers to another, not upon a consideration received, but for the purpose of raising money on credit.[Websters]. | |
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Common Expressions: ACCOMMODATION BILL
| Expressions | Definition | ||
| Accommodation bill | A bill of exchange which a person accepts, or a note which a person makes and delivers to another, not upon a consideration received, but for the purpose of raising money on credit. Source: Webster's Revised Unabridged Dictionary. | ||
| Accommodation Bill | An Accommodation Bill is as its name implies, is a bill of exchange accepted and sometimes endorsed without any receipt of value in order to afford temporary pecuniary aid to the person accommodated. For more information see: Bill of Exchange. (references) | ||
Source: compiled by the editor from various references; see credits. | Top | ||
Specialty Expressions: ACCOMMODATION BILL
| Expressions | Domain | Definition | |
| Accommodation bill | Finance | A document drawn up between banks or between a bank and its customer in order to obtain finance; a bill which the accommodating party has signed as drawer, acceptor, or endorser, without receiving value therefore and for the purpose of lending his name to some other person; he is liable on the bill to a holder for value. Source: European Union. (references) | |
Source: compiled by the editor from various references; see credits. | Top | ||
