An accommodation paper is a note, bill or draft accepted or
endorsed by someone to allow a second person to raise money or
obtain credit.
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A bill of exchange that a third party guarantees without
compensation. That is, the third party provides the guarantee as a
favor. This reduces the risk to the bill of exchange. It is also
called an accommodation note, accommodation paper, or a
windbill.
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A bill of exchange that a third party guarantees without
compensation. That is, the third party provides the guarantee as a
favor. This reduces the risk to the bill of exchange. It is also
called an accommodation note, accommodation paper, or a
windbill.
View page
A synonym for accommodation is complying. An antonym for
accommodation is disagreement.