- 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. - State of being accepted; acceptableness. - 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 itself when accepted. - 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. - An agreeing to the action of another, by some act which
binds the person in law. - Meaning; acceptation.
Meaning of 'acceptance' (Princeton's WordNet)
1 . acceptance
[ n]
Meaning (1): - the mental attitude that something is believable and should be accepted as true
Example in sentence:
acceptance of Newtonian mechanics was unquestioned for 200 years;
he gave credence to the gossip
Meaning (2): - a disposition to tolerate or accept people or situations
Example in sentence:
all people should practice toleration and live together in peace
Meaning (3): - the act of taking something that is offered
Example in sentence:
he anticipated their acceptance of his offer;
her acceptance of the gift encouraged him
Meaning (4): - the act of accepting with approval; favorable reception
Example in sentence:
its adoption by society;
the proposal found wide acceptance
Meaning (5): - the state of being acceptable and accepted
Example in sentence:
torn jeans received no acceptance at the country club
Trade acceptance Trade acceptance refers to a draft that allows the buyer to obtain merchandise prior to paying for it.
Documents against acceptance Documents against acceptance is a situation in which the buyer’s bank does not release shipping documents to the buyer until the buyer has accepted (signed) the draft.
Bankers’ acceptance Bankers’ acceptance refers to an unconditional promise of a bank to make payment on a draft when it matures. The acceptance is in the form of the bank’s endorsement ...
Letter of offer and acceptance Letter of offer and acceptance— Standard Department of Defense form on which the United States Government documents its offer to transfer to a foreign ...
D/A (documents against acceptance) D/A (documents against acceptance) refer to shipping documents presented to a bank on a collection basis to be passed to the buyer
Banker’s Acceptance Banker’s Acceptance is negotiable time drafts, or bills of exchange, that have been accepted by a bank which, by accepting, assumes the
Remittance against acceptance Remittance against acceptance is an advance facility similar to Rem D/P except that the bill of exchange allows for term payment and
Documents against acceptance (D/A) Documents against acceptance (D/A) is the exporter draws a term bill on the overseas buyer and lodges it, together with shipping
Acceptance The term Acceptance means an undertaking by the drawee (who then becomes the “acceptor”), of a Bill of Exchange to pay to the person presenting the bill.
Acceptance Form Acceptance Form is a form by which an acceptance is made.