Accommodation Bill

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August 31, 2024 4 min read Definitions
Accommodation Bill: A Financial Instrument for Credit Enhancement
Finance Banking Accommodation Bill Guarantor Bill of Exchange Financial Instrument Credit Enhancement
An accommodation bill is a bill of exchange signed by a guarantor known as the accommodation party, who is liable if the acceptor defaults.
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August 31, 2024 4 min read Definitions
Kite: Understanding Kiting in Finance
Finance Banking Kiting Finance Fraud Accommodation Bill Banking Financial Malpractice
An in-depth look at the financial practice of kiting, an informal name for an accommodation bill involving fraudulent financial actions.
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