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Home > QFINANCE Dictionary > Definition of accommodation bill

Definition of

accommodation bill

Finance

bill of exchange facilitating loan for another company a bill of exchange where the drawee who signs it is helping another company (the drawer) to raise a loan. The bill is given on the basis of trade debts owed to the borrower.

Definitions of ’accommodation bill’ and meaning of ’accommodation bill’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’accommodation bill’ and other financial terms with our online QFINANCE Financial Dictionary.

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