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accommodation bill

American  

noun

  1. a bill, draft, or note made, drawn, accepted, or endorsed by one person for another without consideration, to enable the second person to obtain credit or raise money.


accommodation bill British  

noun

  1. Also called: windbill.   windmillcommerce a bill of exchange cosigned by a guarantor: designed to strengthen the acceptor's credit

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of accommodation bill

First recorded in 1815–25

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