Accommodation Bill
Noun
An accommodation bill is a financial instrument that is used in business transactions. It is a written order by one party, known as the drawer, to another party, known as the drawee, to pay a specified amount of money to a third party, known as the payee, on a specific date. The accommodation bill serves as a guarantee for the payment of the debt by the drawer if the drawee fails to make the payment.
Nepali Meanings:
1. आवास (aavas) – dwelling, residence
2. बिल (bil) – bill, invoice
Nearby Words:
1. Accommodate (Verb) – ठहराउनु (thaharaunu) – to provide lodging or space for
2. Accommodating (Adjective) – उपयुक्त (upayukta) – willing to help or oblige
3. Accommodation (Noun) – ठहरान (thaharaan) – a place to live or stay
Synonyms:
1. Note
2. Draft
3. Promissory note
4. IOU (I owe you)
Antonyms:
अनुकूलन बिल (anukoolan bil) – Non-accommodation bill
For more information, you can refer to the following sources: