Definition of Accommodation Paper | OpenJurist

Definitions from Black's Law Dictionary: 2nd Edition and Ballentine's Law Dictionary as are available for each term in each dictionary.

Accommodation paper

Ballentine's Law Dictionary

Definition:
Negotiable paper upon which a maker or indorser assumes liability gratis.
Accommodation Paper

Black's Law Dictionary: 2nd Edition

Definition:
An accommodation bill or note is one to which the accommodating party, be he acceptor, drawee or indorsee, has put his name, without consideration, for the purpose of benefiting or accommodating seme other party who desires to raise money on it, and is to provide for the bill when due. Miller v. Lamed, 103 111. 562; Jefferson County v. Burlington & M. In Co., 66 Iowa, 385, 16 N. W. 561, 23 N. W. 899; Gillmann v. Henry, 53 Wis. 465, 10 N. W. 692; Peale v. Addicks, 174 Pa. 543, 34 Atl. 201.