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.

Acceptancy
(Ac*cept"an*cy) n. Acceptance. [R.]

Here's a proof of gift,
But here's no proof, sir, of acceptancy.
Mrs. Browning.

Acceptant
(Ac*cept"ant) a. Accepting; receiving.

Acceptant
(Ac*cept"ant), n. An accepter. Chapman.

Acceptation
(Ac`cep*ta"tion) n.

1. Acceptance; reception; favorable reception or regard; state of being acceptable. [Obs.]

This is saying worthy of all acceptation.
1 Tim. i. 15.

Some things . . . are notwithstanding of so great dignity and acceptation with God.
Hooker.

2. The meaning in which a word or expression is understood, or generally received; as, term is to be used according to its usual acceptation.

My words, in common acceptation,
Could never give this provocation.
Gay.

Acceptedly
(Ac*cept"ed*ly) adv. In a accepted manner; admittedly.

Accepter
(Ac*cept"er) n.

1. A person who accepts; a taker.

2. A respecter; a viewer with partiality. [Obs.]

God is no accepter of persons.
Chillingworth.

3. (Law) An acceptor.

Acceptilation
(Ac*cep`ti*la"tion) n. [L. acceptilatio entry of a debt collected, acquittance, fr. p. p. of accipere (cf. Accept) + latio a carrying, fr. latus, p. p. of ferre to carry: cf. F. acceptilation.] (Civil Law) Gratuitous discharge; a release from debt or obligation without payment; free remission.

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.

5. (Law) An agreeing to the action of another, by some act which binds the person in law.

What acts shall amount to such an acceptance is often a question of great nicety and difficulty. Mozley & W.

In modern law, proposal and acceptance are the constituent elements into which all contracts are resolved.


  By PanEris using Melati.

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