accommodation



accommodation defined in 1939 year

accommodation - Accommodation;
accommodation - Term in English law, generally applied to a bill of exchange or promissory note which is executed by the parties thereto, so as to enable one or all of them to discount it, and so raise money. It is colloquially called flying a kite. A bill of exchange drawn by A upon B and accepted by B ought to mean that B owes A money, and the bill is a document whereby B pledges himself to pay that money. But in the case of an accommodation bill, A draws a bill for (say) £100 on B; B writes across it " accepted," and signs it. A then takes the document to a bill discounter, or a bank, and, on the strength of B's acknowledgement of indebtedness and promise to pay, discounts the bill for ready money - generally the full £100 less 5 per cent, or therea.bouts. When the bill becomes due the holder can claim the £100 against B or A. It is a device to raise money by pledging one's credit. As between A and B, if B pays the £100 to the holder, and A has had the money for the discount, A must indemnify B. The word accommodation is also used in a wider sense, meaning to lend money generally, for instance the accommodation afforded by a banker to a customer.

accommodation defined in 1939 year

accommodation - Accommodation (Lat. accommodare, to fit to);
accommodation - Term used in theology and Biblical exegesis. It means that a statement of truth is modified to make it better understood. Some of the parables of Christ and many utterances of the prophets afford instances.

accommodation defined in 1939 year

accommodation - Accommodation;
accommodation - As applied to vision, the process or the power of focusing the eyes to enable objects to be seen at different distances. The adjustment is effected by alterations in the con-vexitv of the crystalline lens behind the pupil, through which rays of light pass to the retina. See Eye.

accommodation defined in 1951 year

accommodation - accommodation;
accommodation - Changing the focus of the eye. In man and a few other mammals occurs by changing curvature of lens; at rest, lens is focused for distant objects; it is focused for near objects by becoming more convex with the contraction of the ciliary muscles in ciliary body. Few mammals can accommodate. Most birds and reptiles accommodate by changing curvature of the lens; in fish and amphibians, lens is moved backwards and forwards in relation to retina (as in focusing a camera).

near accommodation in Knolik


accoladehome
letter "A"
start from "AC"
accompaniment

definition of word "accommodation" was readed 698 times

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