What does accommodation endorser mean?
Definitions for accommodation endorser
ac·com·mo·da·tion en·dors·er
This dictionary definitions page includes all the possible meanings, example usage and translations of the word accommodation endorser.
Princeton's WordNet
accommodation endorsernoun
a person who endorses a promissory note without compensation or benefit but simply as a favor to the borrower
ChatGPT
accommodation endorser
An accommodation endorser is a person or entity who signs a negotiable instrument, such as a check or promissory note, on behalf of another party to guarantee the payment. This is typically done to assist the other party in obtaining a loan or credit, hence the term "accommodation." The endorser assumes liability in the event the party primarily responsible for payment defaults or is unable to make the payment.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of accommodation endorser in Chaldean Numerology is: 3
Pythagorean Numerology
The numerical value of accommodation endorser in Pythagorean Numerology is: 8
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"accommodation endorser." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/accommodation+endorser>.
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