ACCOMODATION
Legal Dictionary -> ACCOMODATIONSearch:
ACCOMODATIONACCOMODATION, com. law. That which is done by one merchant or other person
for the convenience of some other, by accepting or endorsing his paper, orby lending him his notes or bills. 2. In general the parties who have drawn, endorsed or accepted
bills orother commercial paper for the accommodation, of others, are, while in thehands of a holder who received them before they became due, other than theperson for whom
the accomodation was given, responsible as if they hadreceived full value. Chit. Bills, 90; 91. See 4 Cranch, 141; 1 Ham. 413; 7John. 361; 15 John. 355, 17 John. 176; 9
Wend. 170; 2 Whart. 344; 5 Wend.566; 8 Wend. 437; 2 Hill, S. C. 362; 10 Conn. 308; 6 Munfd. 381.
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