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WordNet-Online
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Definitions from the WebAccommodation PaperNoun, singular: Accommodation paper Definition: A negotiable instrument, typically a promissory note or a bill of exchange, that has been endorsed by a third party as a favor or to provide support to the borrower or debtor. Example sentence: John, unable to secure a bank loan, used his friend's accommodation paper to obtain funds for his startup. Related products: Promissory Notes, Bills of Exchange Noun, plural: Accommodation papers Definition: Various negotiable instruments, such as promissory notes or bills of exchange, that have been endorsed by third parties to act as guarantees for the borrower or debtor. Example sentence: The company's financial crisis was averted when a group of investors provided several accommodation papers. Related products: Paper Guillotines, Security Envelopes Adjective: Accommodation paper Definition: Describing a type of paper or document primarily used for accommodation purposes or as a negotiable instrument. Example sentence: The bank required the loan contract to be printed on a specific accommodation paper with unique security features. Related products: Negotiable Documents, Security Printing Paper Verb: Accommodation paper Definition: The act of providing or endorsing a negotiable instrument, such as a promissory note or a bill of exchange, as a favor or support to someone else. Example sentence: Sarah agreed to accommodation paper the loan documents for her sister, enabling her to secure a mortgage for her new house. Related products: Loan Documents, Negotiable Instruments | ||||
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