accommodation endorser
- noun
- Specialized
:
avalista de acomodación
- He agreed to become an accommodation endorser to help his friend secure financing.
Examples
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As an accommodation endorser, she took on risk without any personal benefit.
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The bank required an accommodation endorser before approving the loan.
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John acted as an accommodation endorser for his friend.
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My father was an accommodation endorser for many loans.
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To help his friend get a loan, he volunteered as an accommodation endorser without expecting anything in return.
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She served as an accommodation endorser for the loan, ensuring her friend could obtain the necessary financing.
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As an accommodation endorser, he took on the responsibility of guaranteeing the note solely to assist without any payment.
Synonyms
A person who signs the back of a check to give it to someone else
A person who helps others by doing favors or small services
Surface Forms
Morphology
The headwords 'accommodation' (here meaning an act done as a favor) and 'endorser' (someone who signs/transfers a negotiable instrument) allow a learner to infer roughly 'someone who endorses as a favor.' However, the phrase is a specialized legal/financial term with specific implications (no compensation, particular liability) and the sense of 'accommodation' in this context is unlikely to be known to an average B1 learner, so the meaning is only partially predictable.
Etymology
Accommodation endorser comes from accommodation meaning a 'favor' and endorser meaning someone who signs for another person. Imagine a friend signing a loan paper as a favor, taking the risk but getting no reward — that's why the term means 'a person who signs a loan note to help someone else, with no personal benefit'.
