(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; the bill of exchange itself when accepted.
(law) An agreeing to the action, proposals, or terms of another by some act which results in the conclusion of a legally binding contract; 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 of possession of a thing as owner.
“It is a maxim worthy of all acceptation that a man may have that allowance he takes.”
“This decree of the Senate was submitted to the acceptation of the French people.”
“The powers that are conferred on the trustee, or manager, do not convert the unit trusts into discretionary trusts in the normal acceptation of that term.”
(military) Operation plan review criterion. The determination as to whether the contemplated course of action is worth the cost in manpower, materiel, and time involved; is consistent with the law of war; and is militarily and politically supportable. (JP 1-02 Department of Defense Dictionary of Military and Associated Terms)
“He would now be quite interested in the various usages of the term, its numerous acceptations and definitions, and the way it has infiltrated the discourse in and on the arts.”
“He said any type of information could be given to the applicants except those where there were certain legal acceptations.”
“There are only around 100 000 card accepters in South Africa serving a population of around 60 million.”
“According to Rothstein's classification of hosts based on ejection frequencies, robins would be considered accepters of both white and blue cuckoo eggs.”
