accommodation paper
accommodation paper 融通票据 专为融通资金的目的,由资信地位较好的一方以自己的信誉,在不接受任何对价的情况下,对流通票据进行签署、背书或承兑,以作为对该票据承担第一付款责任的当事方的保证人,这种票据叫做融通票据。
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accommodation paper 融通票据 专为融通资金的目的,由资信地位较好的一方以自己的信誉,在不接受任何对价的情况下,对流通票据进行签署、背书或承兑,以作为对该票据承担第一付款责任的当事方的保证人,这种票据叫做融通票据。
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accommodation paper. A negotiable instrument that one party cosigns, without receiving any consideration, as surety for another party who remains primarily liable. • An accommodation paper is typically used when the cosigner is more creditworthy than the principal debtor. — Also termed accommodation bill; accommodation note. [Cases: Bills and Notes 49, 96. C.J.S. Bills and
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