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accommodation bill
- Article from:
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A Dictionary of Finance and Banking
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Copyright information© A Dictionary of Finance and Banking 1997, originally published by Oxford University Press 1997. (Hide copyright information)
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accommodation bill
A
bill of exchange
signed by a person (the accommodation party) who acts as a guarantor. The accommodation party is ...
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accommodation party
A Dictionary of Accounting;
R. HUSSEY;
19 words
...accommodation party The person who signs an accommodation bill as drawer, acceptor, or endorser and acts as the guarantor.
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accommodation bill
A Dictionary of Law;
ELIZABETH A. MARTIN;
41 words
...accommodation bill A bill of exchange accepted by an accommodation party, i.e. a person who signs without receiving value and for the purpose of lending his name (i.e. his credit) to someone else. An accommodation party is liable on the bill to a holder for value.
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windbill
A Dictionary of Finance and Banking;
5 words
...windbill See ACCOMMODATION BILL .
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windmill
A Dictionary of Finance and Banking;
5 words
...windmill See ACCOMMODATION BILL .
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kite
A Dictionary of Accounting;
R. HUSSEY;
30 words
...kite An informal name for an accommodation bill . Kite-flying or kiting is the discounting of a kite (accommodation bill) at a bank, knowing that the person on whom it is drawn will dishonour it.
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Non-safe-harbor reverse-exchange guidance.
The Tax Adviser;
August 1, 2001 ;
Bakale, Anthony;
787 words
......parking arrangements, in which an accommodation party acquires and holds title to the...intent. On the taxpayer's behalf, an accommodation party purchased property intended to be...guaranteed the bank loan and the accommodation party paid a fee for the guaranty. The...
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Rev. Proc. 2000-37
United States. Internal Revenue Bulletin;
October 2, 2000 ;
Anonymous;
787 words
......replacement property with an accommodation party until such time as the taxpayer...relinquished property to the accommodation party in exchange for the replacement property, and the accommodation party then transfers the relinquished...
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Rev. Proc. 2004-51
United States. Internal Revenue Bulletin;
August 16, 2004 ;
Anonymous;
787 words
......replacement property with an accommodation party until such time as the taxpayer...relinquished property to the accommodation party in exchange for the replacement property, and the accommodation party transfers the relinquished...
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 "Sunday Mirror (London, England)")
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pounds 352,000 SUB BILL.(News)
Sunday Mirror (London, England);
August 6, 2000 ;
28 words
...THEcrew of the crippled Royal Navy nuclear sub HMSTireless have run up a pounds 352,000 accommodation bill in Gibraltar waiting for it to be repaired, it was revealed last night.
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Top table prices
Sunday Star-Times;
February 25, 2001 ;
203 words
......incoming government which made a very big election plank out of its plans to cut back on unnecessary spending, such an accommodation bill for a deputy big-wig smacks of "Do as I say, not as I do". One would not expect our number two lady in London to be checking...
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 "AAP General News (Australia)")
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Fed: PM's Bali trip cost too much: Opposition
AAP General News (Australia);
May 22, 2008 ;
122 words
......500-thousand dollar cost of KEVIN RUDD's trip to Bali to ratify the Kyoto Protocol .. is absolutely staggering. The travel and accommodation bill included 40-thousand dollars for hospitality costs. Opposition frontbencher NICK MINCHIN has told Fairfax radio people...
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London acceptance credit
A Dictionary of Finance and Banking;
78 words
......bill of exchange on the foreign buyer. The accepted bill is then pledged to a merchant bank in London, which accepts an accommodation bill drawn by the exporter. The acceptance can be discounted on the bank's reputation, to provide the exporter with immediate...
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Qld: Taxpayers billed for gay weekend
AAP General News (Australia);
December 7, 2000 ;
170 words
...AAP General News (Australia) 12-07-2000 Qld: Taxpayers billed for gay weekend A court has been told taxpayers footed the accommodation bill when Queensland's Children's Commissioner flew his young gay lover interstate for a sightseeing weekend. Sixty-six-year-o...
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Vic: Architect's travel costs not excessive, government
AAP General News (Australia);
May 4, 2004 ;
325 words
......05-04-2004 Vic: Architect's travel costs not excessive, government MELBOURNE, May 4 AAP - A $725,000 taxpayer-funded travel and accommodation bill racked up by an Italian architect hired to revamp the National Gallery of Victoria was not excessive, the state government...
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