accommodation bill


noun

a bill, draft, or note made, drawn, accepted, or endorsed by one person for another without consideration, to enable the second person to obtain credit or raise money.
Also called accommodation paper.

Origin of accommodation bill

First recorded in 1815–25

British Dictionary definitions for accommodation bill

accommodation bill

noun

commerce a bill of exchange cosigned by a guarantor: designed to strengthen the acceptor's credit Also called: windbill, windmill