Accommodation

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Accommodation

A form of loan in which the borrower is not obligated to compensate the lender. These loans are often accompanied by accommodation bills, which guarantee that a third party compensates the lender, should the borrower be unable.  Troubled financial institutions frequently use accommodation loans.

Accommodation

In the Uniform Commercial Code, a situation in which a seller makes delivery of goods of insufficient quality. The buyer may accept or reject the whole of the goods, but may not accept only a portion. See also: Partial Performance.
References in periodicals archive ?
Along with its efforts in preform fabrication, Kowalske says the ACC continues to seek improvements in the entire SRIM process, including temperature control, mold-filling analysis, and development of various resin systems.
Moreover, inserting the gene for ACC synthase into bacteria or yeast -- something the researchers have already accomplished -- could allow mass production of ethylene gas.
A system that supports the identification and implementation of business improvement opportunities, and allows ACC to action these
What happened in Nottingham was that there was deep-seated anger from some members of the ACC of primates acting on their own towards ACC," said the bishop.
Throughout 2004, ACC was hired to work on major capital improvements projects in high profile residential buildings.
ACC TeleCom, a wholly owned subsidiary of ACC Corp.
After receiving his law degree, he joined Deloitte & Touche as a tax lawyer and later went on to work as a regional manager for LexisNexis before joining ACC.
CoGS also urged the primate, Archbishop Andrew Hutchison, to convene an "ACC relationship steering committee" as recommended by the delegates and presenters to the ACC meeting.
In addition, ACC Construction has been awarded a third Cold Stone Creamery, to be built in Forest Hills, Queens.
High integrity sales, coupled with proactive, personal follow-up to all their customers, has earned ROBTEL a strong reputation in the marketplace," said Jack Baron, vice president of sales and customer service for ACC.
The ACC is an international trade association representing more than 240 companies that provide development and operations-related consulting and product services to airports and other aviation system stakeholders.
Some 35 years later, the ACC holds a unique position as the communion's only constitutional body.