acceptance

Definitions

1. 1.2. State of being accepted; acceptableness. "Makes it assured of acceptance." Shak.
2. 2.(Com.) (a) An assent and engagement by the person on whom a bill of exchange is drawn, to pay it when due according to the terms of the acceptance. (b) The bill itself when accepted.
3. 3.An agreeing to terms or proposals by which a bargain is concluded and the parties are bound; the reception or taking of a thing bought as that for which it was bought, or as that agreed to be delivered, or the taking possession as owner.
4. 4.(Law) An agreeing to the action of another, by some act which binds the person in law. Note: What acts shall amount to such an acceptance is often a question of great nicety and difficulty. Mozley & W. Note: In modern law, proposal and acceptance are the constituent elements into which all contracts are resolved. Acceptance of a bill of exchange, check, draft, or order, is an engagement to pay it according to the terms. This engagement is usually made by writing the word "accepted" across the face of the bill. Acceptance of goods, under the statute of frauds, is an intelligent acceptance by a party knowing the nature of the transaction.
5. 5.Meaning; acceptation. [Obs.] Acceptance of persons, partiality, favoritism. See under Accept.

Source: Webster's Unabridged Dictionary, 1913 edition (public domain, via GCIDE / Project Gutenberg).

Synonyms

Related questions

• What does "acceptance" mean?
• What is another word for "acceptance"?

Reverse-dictionary questions

Definition-first questions whose answer is acceptance.

• What is 2. State of being accepted; acceptableness. "Makes it assured of acceptance." Shak called?
• What is (a) An assent and engagement by the person on whom a bill of exchange is drawn, to pay it when due according to the terms of the acceptance. (b) The bill itself when accepted called?
• What is meaning; acceptation. [Obs.] Acceptance of persons, partiality, favoritism. See under Accept called?