Business, Legal & Accounting Glossary
The accommodation party is the person who signs an accommodation bill as a drawer, acceptor or endorser and also acts as the guarantor.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Accommodation Party are sourced/syndicated and enhanced from:
This glossary post was last updated: 4th July, 2019 | 153 Views.