Accomodation Endorsement

  • Thread starter CompasX
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CompasX

CompasX

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#1
ACCOMODATION ENDORSEMENT is a) the guarantee given by one legal entity to induce a lender to grant a loan to another legal entity. b) a bankin
practice where one bank endorses the acceptances of another bank, for
fee, qualifying the
for purchase in the acceptance market.
 

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