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Topical Terminology > Accomodation Endorsement



1 Definition

Accomodation Endorsement

For Accomodation Endorsement we have a term and definition in Accounting.



Accomodation Endorsement (Accounting)

is a) the guarantee given by one legal entity to induce a lender to grant a loan to another legal entity. b) a banking practice where one bank endorses the acceptances of another bankfor a feequalifying them for purchase in the acceptance market.




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