Accommodation finance: Difference between revisions
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imported>Doug Williamson (Create the page. Sources: ACMF October 2016 p50, NASDAQ investing glossary http://www.nasdaq.com/investing/glossary/a/accommodation) |
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Revision as of 10:35, 18 February 2017
A form of finance guaranteed by a third party in the form of bills of exchange, under which the third party will compensate the lender, should the borrower be unable to do so.
