A negotiable instrument signed by a party without receiving something of value in return. Used to assist another party to secure financing.
Related information about accommodation paper:
- Accommodation Paper Definition | Investopedia
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 ...
- Accommodation Paper - Legal Dictionary - The Free Dictionary
A type of Commercial Paper (such as a bill or note promising that money will be paid to someone) that is signed by another person—the accommodation ...
- What is an Accommodation Paper?
As a document that ensures the repayment of funds extended to a borrower, an accommodation paper can make the process of obtaining loans and other forms ...
- What is accommodation paper? definition and meaning
Definition of accommodation paper: A negotiable instrument signed by a party without receiving something of value in return. Used to assist another party to ...
- accommodation paper Definition | Business Dictionaries from ...
Business Definition for: accommodation paper. Dictionary of Banking Terms. accommodation paper. promissory note or negotiable instrument signed by a third ...
- * Accommodation paper - (Business): Definition
Accommodation paper - Topic:Business - Online Encyclopedia - What is what? Everything you always wanted to know.
- Accommodation Paper as supplied by EagleTraders.com
Accommodation Paper provided by EagleTraders.com.
- Accomodation Paper Law & Legal Definition
An accommodation paper is a negotiable instrument that one party cosigns, without receiving any consideration. The cosigner acts as a surety for the principal ...