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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TWO PARTY CHECK is a check made out from one individual to another, i.e. only two entities are involved in the transaction.

C.A. is sometimes used to identify the Chief Accountant

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