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TeachMeFinance.com historic definition... Accommodation paper -- Negotiable paper, as bills of exchange (drafts) drawn, accepted or indorsed, or promissory notes made or indorsed without consideration by one person to enable another to obtain credit or to raise money. As between the maker and the accommodation indorser nothing can be recovered. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.