ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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ACCOMODATION ENDORSEMENT Definition
ACCOMODATION ENDORSEMENT is a) the guarantee given by one legal entity to induce a lender to grant a loan to another legal entity. b) a banking practice where one bank endorses the acceptances of another bank, for a fee, qualifying them for purchase in the acceptance market.
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YEN is the currency of Japan. Its subdivisions are 100 sen and 1000 rin.
INHERITANCE TAX is a tax charged on the passing of wealth from one person to another, either during life or at death.
