accommodation bill

noun

1. 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.

accommodation bill

noun

1. commerce a bill of exchange cosigned by a guarantor: designed to strengthen the acceptor's credit Also calledwindbillwindmill

Word History and Origins

Origin of accommodation bill¹

First recorded in 1815–25

Example Sentences

At a speech in west London on Tuesday, Foreign Secretary David Lammy said the accommodation bill for asylum seekers in the UK was “huge” as a result of a climate-fuelled migration crisis.

From BBC

In January, New Jersey Gov. Chris Christie signed a pregnancy accommodation bill into law, joining states like Connecticut, Hawaii, and California and cities like New York City and Philadelphia. 

From MSNBC

Kite, kīt, n. a rapacious bird of the hawk kind: a rapacious person: a light frame covered with paper for flying in the air, attached to a long cord, by means of which it is steered: a light and lofty sail: an accommodation bill, esp. a mere paper credit.—n.

From Project Gutenberg

Accom′modativeness; Accom′modator.—Accommodation bill, a bill drawn, accepted, or endorsed by one or more persons as security for a sum advanced to another by a third party, as a banker; Accommodation ladder, a stairway at the outside of a ship's gangway to facilitate access to boats.

From Project Gutenberg

The criterion of an accommodation bill is the fact that the principal debtor according to the instrument has lent his name and is in substance a surety for some one else.

From Project Gutenberg