Accommodation Bill
An accommodation bill is a bill of exchange signed by a guarantor known as the accommodation party, who is liable if the acceptor defaults.
Accommodation bill, note, order paper, and promissory note terms used in negotiable paper.
Bills, Notes, and Promissory Instruments is the financial-instruments landing page for accommodation bills, notes, promissory notes, order paper, eligible paper, bankers discount, endorsement, negotiability, and instrument transfer. It keeps related terms in one branch so readers can move from a broad instrument question to the article that owns the contract evidence.
Use this page when a negotiable-paper term changes payment rights, transferability, discounting, or enforceability. Use the parent Negotiable Paper, Bills, and Transferability page when you need the broader instrument map. For an individual decision, confirm the contract, term sheet, prospectus, confirmation, exchange specification, or disclosure record before relying on the term.
Use the table below to move from this landing page into the term page that best matches the instrument evidence.
| Term | Use it for |
|---|---|
| Accommodation Bill | Accommodation Bill explains payment rights, negotiability, transfer, discounting, or short-term paper mechanics. |
| Note | Note explains payment rights, negotiability, transfer, discounting, or short-term paper mechanics. |
| Order Paper | Order Paper explains payment rights, negotiability, transfer, discounting, or short-term paper mechanics. |
| Promissory Note | Promissory Note explains payment rights, negotiability, transfer, discounting, or short-term paper mechanics. |
A promissory note creates a repayment promise, while endorsement and negotiability determine how payment rights can transfer to another holder.
Bills and Notes content is educational and does not provide personalized investment, tax, legal, accounting, valuation, derivatives, or securities advice.
Choose a subsection first. Deeper term pages live inside each subsection, which keeps large topic hubs readable.
An accommodation bill is a bill of exchange signed by a guarantor known as the accommodation party, who is liable if the acceptor defaults.
A note is a written debt instrument promising repayment under stated principal, interest, maturity, or demand terms.
Order paper is a negotiable instrument payable to a named person or that person's order.
A promissory note is a written promise to pay a specified amount under defined timing and payment terms.