ALL meanings of accommodation paper

ac·com·mo·da·tion pa·per
A a
  • noun accommodation paper a bill of exchange cosigned by one party as maker, acceptor, or endorser without requiring collateral or a fee, in order to lend his or her credit reputation to the second party 3
  • noun accommodation paper (commerce, law) A note, bill, or draft accepted or endorsed by a person to allow a second person to raise money or obtain credit. 0
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