accommodation bill

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accommodation bill

a BILL OF EXCHANGE accepted by an accommodation party, that is, a person signing without receiving value and for the purpose of lending his name (and his credit) to someone else. An accommodation party is liable on the bill to a holder for value.
References in periodicals archive ?
The Department of Foreign Affairs and Trade, through its international media visits budget, will be paying flight and five-star accommodation bills of 10,000 dollars each for 25 Indian reporters to take tours of Australia, focusing on Melbourne.
Barry is making the trip to Kwazula with a team of 22 workmates from Total Uk Ltd - the Watfordbased company is footing all travel and accommodation bills so everything he raises goes straight to the charity.
An insider said all of the RTE crew will travel to China business class - with flights costing in excess of EUR3,000 each - landing the licence-payer with a total bill of more than EUR120,000 in air tickets alone with accommodation bills for a month on top of that.
Then they spend months paying off the car and insurance deductions while running up accommodation bills.
The health and accommodation bills are already running into their thousands.
This year, the council will fork out more than pounds 1m on accommodation bills.
More people than ever are choosing to study in their own home town, as it can be much cheaper and more convenient -- you won't have accommodation bills to pay, and as an added bonus, you can still get your mum to do the cooking
75 per cent is added to each transaction, especially large purchases like accommodation bills, it makes a big difference to the credit card bill.