ACCOMMODATION ENDORSEMENT Definition

Bookmark and Share

ACCOMMODATION 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.

Learn new Accounting Terms

NON-OPERATING ASSETS is assets not necessary to ongoing operations of the business enterprise.

DECRETION is a decrease. See also ACCRETION.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.