Last Updated
:2025/11/26
accommodation bill
( plural )
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(banking) A bill of exchange endorsed by a reputable third party acting as a guarantor, as a favor and without compensation.
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accommodation bill
To help a struggling supplier bridge a cash gap, the company accepted an accommodation bill endorsed by a reputable bank acting as guarantor.
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To help a struggling supplier bridge a cash gap, the company accepted an accommodation bill endorsed by a reputable bank acting as guarantor.
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