accommodation endorsement
- accommodation endorsement
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Dictionary from West's Encyclopedia of American Law.
2005.
- accommodation endorsement
-
The act of a third person—the accommodation party—in writing his or her name on the back of a
commercial paper without any consideration, but merely to benefit the person to whom the paper is payable or to enable the person who made the document— the maker— to obtain money or credit on it.
Short Dictionary of (mostly American) Legal Terms and Abbreviations.
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