Acceptance

Webster's Dictionary of the English Language

·noun Meaning; acceptation.

II. Acceptance ·noun The bill itself when accepted.

III. Acceptance ·noun State of being accepted; acceptableness.

IV. Acceptance ·noun An agreeing to the action of another, by some act which binds the person in law.

V. Acceptance ·noun 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.

VI. Acceptance ·noun The act of accepting; a receiving what is offered, with approbation, satisfaction, or acquiescence; ·esp., favorable reception; approval; as, the acceptance of a gift, office, doctrine, ·etc.

VII. Acceptance ·noun 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.