accommodation bill

noun

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.

Origin of accommodation bill

First recorded in 1815–25

Also called accommodation paper.

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

British Dictionary definitions for accommodation bill

accommodation bill

noun

commerce a bill of exchange cosigned by a guarantor: designed to strengthen the acceptor's creditAlso called: windbill, windmill

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