Meaning Accommodation Bill
What does Accommodation Bill mean? Here you find 2 meanings of the word Accommodation Bill. You can also add a definition of Accommodation Bill yourself

1

0 Thumbs up   0 Thumbs down

Accommodation Bill


A BILL OF EXCHANGE without any consideration, or quid pro quo. In this case, a person signs a bill and makes himself liable, without receiving any value in return, such as, an advantage or a benefit. [..]
Source: business.mapsofindia.com

2

0 Thumbs up   0 Thumbs down

Accommodation Bill


A bill which is drawn just to accommodate the financial needs of the parties to bill. It is known as kite flying or cross firing.
Source: bankingglossary.bankingonly.com (offline)




<< ITFO The ratio is being raised to 9% >>