Meaning Accommodation Paper
What does Accommodation Paper mean? Here you find 4 meanings of the word Accommodation Paper. You can also add a definition of Accommodation Paper yourself
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Accommodation Papersee paper
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Accommodation PaperAn accommodation paper is a document executed by one party for the benefit of another. Â In practice, an accommodation paper is used as a loan guarantee, in which a third party agrees to repay the lo [..]
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Accommodation PaperAccommodation Paper is a negotiable instrument and a type of commercial paper, signed by one party as a favor to another party. Person who signs the instrument is the accommodation party and person in [..]
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Accommodation Paper
(commerce,legal) A note, bill, or draft accepted or endorsed by a person to allow a second person to raise money or obtain credit.
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| << Accommodated Party | Account Payable >> |
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