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Accommodation Endorser, Maker, or Party

 
Business Dictionary: Accommodation Endorser, Maker, or Party

One who, as a favor to another, signs a Note as acceptor, maker, or endorser without receiving compensation or other benefit, and who thus guarantees the debt of the other person. See also Cosign.

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Business Dictionary. Dictionary of Business Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved.  Read more