• Acceptance

    Pronunciation

    • US IPA: /É™k.ˈsÉ›p.tÉ™ns/

    Alternative forms

    Origin

    First attested in 1574. From Middle French acceptance, from Old French accepter ("accept"). Equivalent to accept + -ance.

    Full definition of acceptance

    Noun

    acceptance

    (plural acceptances)
    1. The act of accepting; a receiving of something offered, with approbation, satisfaction, or acquiescence; especially, favorable reception; approvalthe acceptance of a gift, office, doctrine, etc.
      • Isaiah 60:7:They shall come up with acceptance on mine altar.
    2. Belief in something; agreement; assent.
    3. State of being accepted.
      • Shakespeare: Rape of Lucrece:Makes it assured of acceptance.
    4. (business, finance) 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.
    5. (business, finance) The bill of exchange itself when accepted.
    6. 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.
    7. (legal) An agreeing to the action of another, by some act which binds the person in law.
    8. (US, government) The act of an authorized representative of the Government by which the Government assents to ownership by it of existing and identified supplies, or approves specific services rendered, as partial or complete performance of a contract.
    9. The usual or accepted meaning of a word or expression.
    10. (Australia, New Zealand, pluralonly) A list of horses accepted as starters in a race.

    Usage notes

    (legal, An agreeing to the action of another, by some act which binds the person in law) In modern law, proposal and acceptance are the constituent elements into which all contracts are resolved.

    Derived terms

    • (US Government, act of an authorized representative to assent to ownership or approve services rendered) acceptance of a bill of exchange If this meets CFI, move the following synonyms and def to that entry: check, draft, or order, "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

    Synonyms

    © Wiktionary
    • © 2013 - 2023 All Rights Reserved