What is "accommodation bill"

Accommodation \Ac*com`mo*da"tion\, n. [L. accommodatio, fr. accommodare: cf. F. accommodation.]

1. The act of fitting or adapting, or the state of being fitted or adapted; adaptation; adjustment; -- followed by to. ``The organization of the body with accommodation to its functions.''
   --Sir M. Hale.

2. Willingness to accommodate; obligingness.

3. Whatever supplies a want or affords ease, refreshment, or convenience; anything furnished which is desired or needful; -- often in the plural; as, the accommodations -- that is, lodgings and food -- at an inn.
   --Sir W. Scott.

4. An adjustment of differences; state of agreement; reconciliation; settlement. ``To come to terms of accommodation.''
   --Macaulay.

5. The application of a writer's language, on the ground of analogy, to something not originally referred to or intended.

   Many of those quotations from the Old Testament were probably intended as nothing more than accommodations.
   --Paley.

6. (Com.)

   1. A loan of money.

   2. An accommodation bill or note.

      Accommodation bill, or note (Com.), a bill of exchange which a person accepts, or a note which a person makes and delivers to another, not upon a consideration received, but for the purpose of raising money on credit.

      Accommodation coach, or train, one running at moderate speed and stopping at all or nearly all stations.

      Accommodation ladder (Naut.), a light ladder hung over the side of a ship at the gangway, useful in ascending from, or descending to, small boats.

n. (context banking English) A bill of exchange endorsed by a reputable third party acting as a guarantor, as a favor and without compensation.