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accommodation bill

   Also found in: Dictionary/thesaurus, Legal, Financial 0.01 sec.

accommodation bill

A bill of exchange endorsed by a reputable third party acting as a guarantor without compensation. The bill can be discounted on the financial strength of the guarantor who remains liable until the bill is paid.
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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.
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