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Accommodation legal definition of Accommodation
accommodation. n. 1) a favor done without compensation (pay or consideration), such as a signature guaranteeing payment of a debt, sometimes called an accommodation indorsement.
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Definition of ACCOMMODATION • Law Dictionary • TheLaw.com
ACCOMODATIONcom. law. That which is done by one merchant or other person for the convenience… COMPOSITIONAn agreement, made upon a sufficient consideration, between an Insolvent or embarrassed debtor and his… ACCOMMODATION PAPERAn accommodation bill or note is one to which the accommodating party, be he acceptor,…
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Accomodation legal definition of Accomodation
ACCOMODATION, com. law. That which is done by one merchant or other person for the convenience of some other, by accepting or endorsing his paper, or by lending him his notes or bills. 2.
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accommodation law : definition of accommodation law and ...
Accommodation means a favor done without compensation (pay or consideration), such as a signature guaranteeing payment of a debt, sometimes called an accommodation endorsement.Such accommodation is not the smartest business practice, since the holder of the note can go after the accommodator rather than the debtor and will do so if the accommodator has lots of money or is easier to locate than ...
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Accommodation | Definition of Accommodation by Merriam-Webster
Kids Definition of accommodation 1 accommodations plural : a place where travelers can sleep and find other services 2 : something supplied that is useful or handy Campsite accommodations include a fireplace.
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Accommodation - definition of accommodation by The Free ...
accommodation. ( əˌkɒməˈdeɪʃən) n. 1. lodging or board and lodging. 2. adjustment, as of differences or to new circumstances; adaptation, settlement, or reconciliation. 3. something fulfilling a need, want, etc; convenience or facility. 4.
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Definition of Housing accommodation - Law Insider
Housing accommodation means any improved or unimproved real property, or part thereof, which is used or occupied, or is intended, arranged, or designed to be used or occupied, as the home or residence of one or more individuals;
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Accommodation Legal Meaning & Law Definition: Free Law ...
An offer of an alternative or partial performance in response to another party’s request when full compliance with the request is not possible or agreeable.
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