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accommodation party.A person who, without recompense or other benefit, signs a negotiable instrument for the purpose of being a surety for another party (called the accommodated party) to the  instrument.  •  The  accommodation  party  can  sign  in  any  capacity  (i.e.,  as  maker,  drawer, acceptor, or indorser). An accommodation  party is liable to all parties except…

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 Notes;…

accommodation note.See NOTE(1). [Blacks Law 8th]

accommodation maker.See MAKER. [Blacks Law 8th]

accommodation loan.See LOAN. [Blacks Law 8th]

accommodation  line.Insurance.  One  or  more  policies  that  an  insurer  issues  to  retain  the business of a valued agent, broker, or customer, even though the risk would not be accepted under the insurer’s usual standards. [Blacks Law 8th]

accommodation land.See LAND. [Blacks Law 8th]

accommodation indorser.See INDORSER. [Blacks Law 8th]

accommodation indorsement.See INDORSEMENT. [Blacks Law 8th]

accommodation director.See dummy director under DIRECTOR. [Blacks Law 8th]