- accommodation note
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n.A note signed by an accommodation maker. Also called accommodation paper.
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
accommodation note
Look at other dictionaries:
accommodation note — accommodation bill, accommodation draft, or accommodation note, a bill, draft, or note drawn, accepted, or endorsed by one person to enable another person to obtain credit by or to raise money on it … Useful english dictionary
accommodation note — One to which accommodating party has put his name, without consideration, to accommodate some other party, who is to issue it and is expected to pay it. U.C.C. No. 3 415 For accommodation bill or note See accommodation paper … Black's law dictionary
accommodation note — One to which accommodating party has put his name, without consideration, to accommodate some other party, who is to issue it and is expected to pay it. U.C.C. No. 3 415 For accommodation bill or note See accommodation paper … Black's law dictionary
accommodation note — A promissory note on which the maker or indorser has assumed liability in order to lend his name to another person. 11 Am J2d B & N § 121 … Ballentine's 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
accommodation draft — accommodation bill, accommodation draft, or accommodation note, a bill, draft, or note drawn, accepted, or endorsed by one person to enable another person to obtain credit by or to raise money on it … Useful english dictionary
note — 1 n 1 a: a written promise to pay a debt; specif: promissory note in this entry bank note: a promissory note issued by a bank payable to bearer on demand but without interest and circulating as money cog·no·vit note /käg nō vit , kōg /: a note in … 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 bill — noun or accommodation paper : a bill, draft, or note made, drawn, accepted, or endorsed by one person for another without consideration to enable that other to raise money or obtain credit thereby * * * a bill, draft, or note made, drawn,… … Useful english dictionary
