ACCOMODATION ENDORSEMENT Definition

Bookmark and Share

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.

Learn new Accounting Terms

INTEREST INCOME - NON-OPERATING is interest income generated from non-operating investment securities such as certificates of deposit or bonds for non-financial service companies.

COLON (COLONES) is a currency of Costa Rica and El Salvador.

Suggest a Term

Enter Search Term

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