01 n. The act of accepting; a receiving what is offered, with approbation, satisfaction, or acquiescence; esp., favorable reception; approval; as…
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1.
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.“They shall come up with acceptance on mine altar.” — Isa. lx. 7.
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2.
State of being accepted; acceptableness.
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3.
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.(Com.)
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4.
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.
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5.
An agreeing to the action of another, by some act which binds the person in law.(Law)
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6.
Meaning; acceptation.[Obs.]
Phrases & compounds
Acceptance of a bill of exchange, check, [or] draft —
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.
Acceptance of persons —
partiality, favoritism. See under Accept.