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 ?
Scholarship Pays For: Dance, accomodations, company tour
In true context of employment, cities need to provide a reasonable accomodation to applicants and employees.
Proponents of the act caution that employers should not panic with regard to the requirements of the reasonable accomodation standard.
Council leader Dennis Harvey said he was proud of the way sheltered accomodation had been pioneered in the borough and attacked the "outrageous allowances and refurbishments" approved by the county council cabinet.
But when his plane was delayed Clegg blew a further pounds 200 to stay in smaller accomodation - the length of that stay was ten, yes ten minutes
Having done a quick calculation and taken into account tickets, travel, accomodation, food and snacks, I've decided to rent a DVD of Scottish rugby's last great win.
Most companies do not provide accomodation for their staff and the rent allowance they provide is very low.
Alternative accomodation will now have to be found for the homeless who relied on the hostel for shelter.
The super package includes accomodation, food, poolside entertainment each afternoon, dancing and singing 'til all hours of the morning.
And the court also ruled alternative accomodation must be found for the elderly woman on both a long-term and temporary basis.
I will pay all travel expenses, fuel, ferry etc, the only other expense will be for accomodation in a travel lodge near Calais/ Dunkirk.
The four-day excursion includes accomodation in Davinchi's hotel in Derry, travel to and from the hotel to the track plus entry to the track on all four days.