What is ACCOMMODATION NOTE? Definition of ACCOMMODATION NOTE in Black's Law Dictionary
One to which accommodating party has put his name, without consideration, to accommodate some other party, who is to issue it and is expected to pay it. Brown Carriage Co. v. Dowd, 155 N.C. 307, 71 S.E. "721, 724; Farmers Loan & Trust Co. v. Brown, 182 Iowa, 1044, 165 N.W. 70, 73.
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That's the definition of ACCOMMODATION NOTE in Black's Law Dictionary - Courtesy of Cekhukum.com.
