catflap.org Online Dictionary Query

  Acceptance \Ac*cept"ance\, n.
     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.
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              They shall come up with acceptance on mine altar.
                                                    --Isa. lx. 7.
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     2. State of being accepted; acceptableness. ``Makes it
        assured of acceptance.'' --Shak.
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     3. (Com.)
        (a) 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.
        (b) The bill itself when accepted.
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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. (Law) An agreeing to the action of another, by some act
        which binds the person in law.
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     Note: What acts shall amount to such an acceptance is often a
           question of great nicety and difficulty. --Mozley & W.
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     Note: In modern law, proposal and acceptance are the
           constituent elements into which all contracts are
           resolved.
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     acceptance of a bill of exchange, acceptance of a check,
     acceptance of a draft, or acceptance of an order, 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.
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     6. Meaning; acceptation. [Obs.]
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     Acceptance of persons, partiality, favoritism. See under
        Accept.
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     Note: In modern law, proposal and acceptance are the
           constituent elements into which all contracts are
           resolved.
  
     Acceptance of a bill of exchange, check, draft, or
     order, 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.
  
     6. Meaning; acceptation. [Obs.]
  
     Acceptance of persons, partiality, favoritism. See under
        Accept.