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 ?
'The room that is supposed to accommodate three inmates is now occupied by 10 persons.
can admit 160 students, OPF School Sheikhupura and Sialkot accommodate 100 students
Once reconstructed, the temple will be able to accommodate more people, he said.
During the month of May 2016, the Kgosi Mampuru II Management Area made a move which was long planned for, to upgrade the Atteridgeville Correctional Centre in order to accommodate disabled offenders, leading to the bath tub installations.
Blackwater River (Holt)--full-facility camping (all campsites can accommodate RVs/pop-ups/tents)
Around 168 of the total number of mosques in Dubai can accommodate more than 1,000 worshippers at a time, while there are around 500 mosques that can accommodate 100 people.
In a press statement, Turkish Premiership Disaster and Emergency Management Directorate (AFAD) said the 145-hectars camp will be erected in the southern Gaziantep province on borders with Syria to accommodate 10,000 people.
"The first phase will accommodate more than 800,000 worshippers while the second and third will accommodate an equal number of worshippers bringing the total number of people the mosque can accommodate at a gvien time to more than 1.6 million," he said.
The new building that is currently under construction at the Hurghada Airport will cost LE1.6 billion and will accommodate 7.5 million passengers a year, so that the airport will be able to receive around 15.5
It has been almost a quarter of a century since the Supreme Court of Canada's decision in O'Malley incorporated the concept of the duty to accommodate into Canadian human rights law and almost a decade since that concept acquired a more prominent position in that Court's adoption of the unified test for bona fide occupational requirement (BFOR) in Meiorin.
2 : to provide with something needed : help out <My teacher will change her schedule to accommodate her students.>