accommodation indorsement

An indorsement to an instrument by a third party who acts as surety for another party who remains primarily liable. See ACCOMMODATION PAPER. [Cases: Bills and Notes 236. C.J.S. Bills and Notes; Letters of Credit § 63.]

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词条贡献者

译员Terence，毕业于国内顶尖法学院，擅长翻译有关能源和自然资源领域的法律文件。