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 ?
We focused on open areas to accommodate for open plan stations, allowing for employees to maintain visual contact and management to oversee departments.
According to a district question-and-answer sheet issued in response to Gregory's concerns, the cost of constructing school facilities to accommodate future Woodridge students is $5,931 per unit.
Unfortunately, we weren't able to accommodate everyone who wanted to visit our park during the Chinese New Year -- and we regret that anyone may have been inconvenienced," added Rasulo.
In fact, some of the city's 19 elementary schools are going to have to change the format of their kindergarten classes to accommodate a second year of 20-student classrooms for first- through third-graders.
Development of workspace standards for all staff positions which meet the needs of the workers, support new high-performance work processes, and accommodate advanced technology;
That time savings and instant access to images offered with digital radiography can be significant for many facilities, allowing them to accommodate more patients without the cost or space requirements of adding a second room.
As the 12th school in the Saugus Union School District, Plum Canyon will be able to accommodate as many as 540 students when it opens - possibly as early as March 1998, said Art Clark, the district's assistant superintendent of business services.
Legacy found that very few competing buildings could accommodate a tenant of more than 10,000 square feet, and only one could accommodate up to 22,000 square feet.
The company's significant growth and the overwhelming demand for these solutions have prompted the move to a larger facility to accommodate increased production requirements.
There are three conference rooms designed to accommodate both business and social needs for up to 100 people.
Leveraging the industry-leading density and innovative architecture of the Force10 TeraScale E-Series, Vonage is upgrading its network with a combination of high density Gigabit Ethernet and 10 Gigabit Ethernet to accommodate increasing traffic demands.
With a demonstration classroom and state-of-the-art training center, Curriculum Advantage can accommodate the growing number of requests from school districts seeking training on Classworks.