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 ?
Uhrig says more of his company's customers are seeking multiple containers of different sizes to accomodate the many materials they are recycling.
These costs included the reconfiguration of manufacturing facilities to accomodate JITM physically; materials and supplies used in JITM; training of employees in JITM; and use of consultants in implementing JITM.
Through creative zoning and tax strategies, most cities could accomodate huge population increases and still improve the quality of residents' lives "without bulldozing another square meter of forest or farmland for the next two decades," Lowe contends.
Since different methodologies can be used--although the temporal and current-rate methods are the most popular--it is essential that the software can accomodate FASB statement compliance in all its forms.
Both the WF20 and WF30 handle a wide range of case sizes and are easily adjustable to accomodate changing requirements.