Law Dictionary Definitions
ACCOMPLICE LIABILITY
accomplice liability.See LIABILITY. [Blacks Law 8th]
Read MoreACCOMPLICE
accomplice (<<schwa>>-kom-plis).1. A person who is in any way involved with another in the commission of a crime, whether as a principal in the first or second degree or as an accessory. • Although the definition includes an accessory before the fact, not all authorities treat this term as including an accessory after the fact. …
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accompany,vb. To go along with (another); to attend. • In automobile-accident cases, an unlicensed driver is not considered accompanied by a licensed driver unless the latter is close enough to supervise and help the former.[Blacks Law 8th]
Read MoreACCOMMODATUM
accommodatum (<<schwa>>-kom-<<schwa>>-day-t<<schwa>>m), n. See COMMODATUM. [Blacks Law 8th]
Read MoreACCOMMODATION SURETY
accommodation surety.See voluntary surety under SURETY. [Blacks Law 8th]
Read MoreACCOMMODATION PARTY
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…
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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 Notes;…
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accommodation note.See NOTE(1). [Blacks Law 8th]
Read MoreACCOMMODATION MAKER
accommodation maker.See MAKER. [Blacks Law 8th]
Read MoreACCOMMODATION LOAN
accommodation loan.See LOAN. [Blacks Law 8th]
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