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 ?
Augustine)--full-facility camping (all campsites can accommodate RVs/pop-ups/tents) and youth primitive camping
The taxi bays will accommodate up to 12 vehicles plus five buses, and the parking area will have space for 208 vehicles.
Shaft supports with a built-in damper, which can accommodate 12- to 30-mm shaft diameters, to reduce shaft damage.
One option, he said, is to convert some of the seven other terminals to accommodate international operations.
Administrators added generic consult rooms to accommodate these growing trends, factoring in the possibility that some of these services may occur off-site in the future.
Another benefit of the lattice model is that it can accommodate assumptions that vary over time.
Generally, equipment manufacturers will design in-feed conveyors to accommodate the loading from various equipment," he says.
Of course the First Amendment's free exercise clause does allow, and sometimes mandates, government to accommodate religious practices.
Make certain elevators are sized to accommodate a stretcher and two to three attending staff.
flexibly designed community gathering room can accommodate theater presentations, lectures, banquets--even a local senior prom, which several residents enjoyed attending this spring.
Programmable and virtual keyboards are dependent on software programs that accommodate on-screen keyboard access by mouse, switch, joystick, trackball, or other input device.