Such accommodation is not the smartest business practice, since the holder of the note can go after the accommodator rather than the debtor and will do so if the accommodator has lots of money or is easier to locate than the debtor.
2) giving in to an adversary on a point to make a deal work.
“I am a literary critic and a writer of verse, a parent and husband and friend, before and after I am a guy in a skirt, or a guy in blue jeans, or a fictional girl,” he has written.
His books include “I read poetry all the time, I write about poetry frequently, and I take poems apart to see how they work,” says Stephen Burt as he takes the TEDGlobal stage. I understand the world best and most fully through words, rather than pictures or numbers.
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co.
It differs from accord and satisfaction, which may take place without any difference having existed between the parties.
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(See: guarantor)(Adjustment), noun accordance, adaptation, agreement, arrangement, compositio, composition of differences, compromise, friendly agreement, mutual understanding, obliging, provision, readjustment, reconciliatio, rectification, settlement(Backing), noun assistance, championing, cooperation, endorsement, guarantee, seconding, security, sponsorship, succor, support, surety Associated concepts: accommodated endorser, accommooated party, accommodated payee, accommodation acceptance, accommodation bill, accommodation endorseeent, accommodation guarantor, accommodation maker, accommodation note, accommodation paper, accommodaaion signer, cautio fidejussoria See also: accord, accordance, adjustment, advance, advancement, advantage, agreement, aid, amenity, arrangement, assistance, benefit, betterment, comity, compact, compatibility, compliance, conciliation, condonation, conformity, consideration, consortium, dispensation, favor, help, latitude, loan, lodging, provision, recompense, relief, scope, service, settlement, space, support, understanding ACCOMMODATION, contracts.
An amicable agreement or composition between two contending parties.