Accommodation

(redirected from ACC)
Also found in: Dictionary, Thesaurus, Medical, Legal, Acronyms, Encyclopedia, Wikipedia.

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 ?
The agency may revise the outlook to "positive" if ACC Concrete reports sustained growth in revenues, while improving its profitability.
She did it by diversifying ACC from a one-job shop focused on corporate interiors to a multi-disciplinary organization capable of completing projects ranging from transportation to healthcare, retail to residential.
Following the successful implementation of the Burlington County campaign, the ACC and ANJR will work together to roll-out a statewide recycling education program.
Episcopal Life newspaper reported that Josephine Hicks, a member of ECUSA's ACC deputation, had urged the council to approve the request saying it needed to make a "leadership statement.
Kowalske says the ACC already has demonstrated 6-min cycle times, which would be commercially viable for an annual production yield (one tool, one part) of 50,000 SRIM units.
Moreover, inserting the gene for ACC synthase into bacteria or yeast -- something the researchers have already accomplished -- could allow mass production of ethylene gas.
ACC Construction, Spacesmith and JRT Realty Group are certified by WBENC, a prestigious national designation through the Women's Business Enterprise National Council.
Speaking to members of the Council of General Synod (COGS), Bishop Paterson said there was "a great deal of unease" expressed by ACC members at the possibility of the body being dominated by primates.
The rebuilding) will allow Jahn to stop transporting molds from other facilities to the foundry where they are poured, thereby reducing mold damage and cost and improving quality and productivity," said ACC CEO Hugh Aiken.
The Association of Corporate Counsel Launches ACC Value Index, a Client Satisfaction Measurement Tool for In-house Counsel