Definition of Accommodation

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accommodation -- the lending of one person's good name or credit standing to a second person with no compensation in order that the second person may borrow money from a third person. Historically, accommodation meant the making of a loan by one person to a second person who lacks sufficient collateral but has the backing of a third person.

another definition...

Accommodation -- An arrangement or engagement made as a favor to another, not dependent upon a consideration received.


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