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One who accepts a bill which has been protested, for the honor of the drawer or any one of the indorsers. Law Dictionary - Alternative Legal Definition in contracts, is a third person, who, after protest for non-acceptance by the drawee, accepts the bill for the honor of the drawer, or of the particular endorser. 2. By this acceptance he subjects himself to the same obligations … [Read more...] about ACCEPTOR SUPRA PROTEST

Lat. To fall; fall in; come to hand; happen. Judgment is sometimes given against an executor or administrator to be satisfied out of assets quando acci derint; i.e., when they shall come to hand. … [Read more...] about ACCIDEBE

An accommodation bill or note is one to which the accommodating party, be he acceptor, drawer, or indorser, has put his name, without consideration, for the purpose of benefiting or accommodating some other party who desires to raise money on it, and is to provide for the bill when due. Miller v. Larned, 103 111. 562; Jefferson County v. Burlington & M. R, Co., 66 Iowa, … [Read more...] about ACCOMMODATION PAPER

An accounting term, a business method to reduce the value of an asset more rapidly by taking greater deductions for depreciation up front and less in the latter years. This is as opposed to the straight line method of depreciation where the amount of asset depreciation remains the same each year over the useful life of the asset. … [Read more...] about ACCELERATED DEPRECIATION

Approach; or the means, power, or opportunity of approaching Sometimes importing the occurrence of sexual intercourse ; otherwise as importing opportunity of communication for that purpose as between husband and wife. In real property law, the term "access" denotes the right vested in the owner of land which adjoins a road or other highway to go and return from his own land to … [Read more...] about ACCESS