- accommodation paper
- A bill or note which one has signed as a maker, drawer, acceptor, or indorser for the purpose of lending the credit of his name to another. 11 Am J2d B & N § 121.
Ballentine's law dictionary. Anderson, W.S.. 1998.
accommodation paper
Look at other dictionaries:
accommodation paper — see paper Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. accommodation paper … Law dictionary
accommodation paper — or accommodation bill or accommodation note n. 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 * * * … Universalium
accommodation paper — or accommodation bill or accommodation note n. 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 … English World dictionary
Accommodation Paper — A negotiable instrument that provides a third party promise of payment in the case that the original borrower does not live up to the terms of the original transaction. Accommodation papers are usually used to support one party s creditworthiness … Investment dictionary
accommodation paper — An accommodation bill or note is one to which the accommodating party, be he acceptor, drawer, or indorser, has put his name, without consideration, for the purpose of benefiting or accommodating some other party who desires to raise money on it … Black's law dictionary
accommodation paper — An accommodation bill or note is one to which the accommodating party, be he acceptor, drawer, or indorser, has put his name, without consideration, for the purpose of benefiting or accommodating some other party who desires to raise money on it … Black's law dictionary
accommodation paper — noun see accommodation bill … Useful english dictionary
paper — pa·per n 1: a piece of paper containing a written statement: as a: a formal written composition or document often intended for publication the Federalist paper s b: a document containing a statement of legal status, identity, authority, or… … Law dictionary
accommodation — I (adjustment) noun accordance, adaptation, agreement, arrangement, compositio, composition of differences, compromise, friendly agreement, harmonization, mutual understanding, obliging, provision, readjustment, reconciliatio, rectification,… … Law dictionary
Paper — Pa per (p[=a] p[ e]r), n. [F. papier, fr. L. papyrus papyrus, from which the Egyptians made a kind of paper, Gr. pa pyros. Cf. {Papyrus}.] 1. A substance in the form of thin sheets or leaves intended to be written or printed on, or to be used in… … The Collaborative International Dictionary of English
