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Definition for: ACCEPTANCE

acceptance
(n.) 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.
(n.) State of being accepted; acceptableness.
(n.) 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.
(n.) The bill itself when accepted.
(n.) 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.
(n.) An agreeing to the action of another, by some act which binds the person in law.
(n.) Meaning; acceptation.