Accommodation(redirected from visual accommodation)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia.
Related to visual accommodation: ocular 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.Â Troubled financial institutions frequently use accommodation loans.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved