Accomodation Law & Legal Definition
An accomodation is a a favor done gratutiously, with no benefit or gain to the party making the accomodation. An accomodation is often in the form of a signature on a note guaranteeing payment of a debt, sometimes called an accommodation endorsement. The holder of the note can go after the accommodator rather than the debtor, since the accomodator, as surety, remains laible for the note, despite not having received any consideration. The holder of the note will often try to obtain payment from the accomodator if the accommodator has lots of money or is easier to locate than the debtor.
As used in another legal sense, accomodation may refer to giving in to an adversary on a point to make a deal work.
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