acceptance

(redirected from conditional acceptance)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia, Wikipedia.

Acceptance

Contractual agreement instigated when the drawee of a time draft "accepts" the draft by writing the word "accepted" thereon. The drawee assumes responsibility as the acceptor and for payment at maturity. See: Letter of credit and banker's acceptance.

Banker's Acceptance

Short-term debt obligations that are secured by banks. That is, a bank promises to pay a creditor if a borrower defaults. It is also called a documented discount note.

acceptance

acceptance

see CONTRACT.

acceptance

the process of guaranteeing a loan, which takes the form of a BILL OF EXCHANGE that will be repaid even if the original borrower is unable to pay. This is done by a commercial institution which signs, that it ‘accepts’, the bill drawn up by the borrower in return for a fee. See ACCEPTING HOUSE.

acceptance

(1) The act of receiving something with the intention of retaining it.Transfer of title to real estate requires acceptance of the title.(One cannot secretly deed a toxic waste site to an enemy in hopes that the Environmental Protection Agency will make that person handle the cleanup.) (2) The act of agreeing to the terms and conditions of an offer,creating a contract by virtue of the acceptance.

References in periodicals archive ?
Rosenthal, president and chief executive officer of Northland Investment Corporation, a privately held real estate investment and management company that owns and manages more than 18,000 multifamily units across the country, said, "NPS has helped us to better reduce risk in the Conditional Acceptance category and provides the protection we need to accept applicants who have the financial resources to pay rent on time but may have had financial hardship in the past.
Acceptance of the NDA filing does not represent final evaluation of the adequacy of the data submitted in the NDA and is not a guarantee of approval, nor is conditional acceptance of a tradename a guarantee of NDA approval or of final approval of such tradename.
United announced their conditional acceptance of Barca's bid in a statement on the club's official website.
The first of these Greek-Turkish conferences, which deal with the whole spectrum of trade, business and economic relations, was held in Athens in April 2000, after Greece's conditional acceptance of Turkey as an EU candidate at the Helsinki summit in December 1999).
The decision was made after Inamine and Nago Mayor Tateo Kishimoto announced earlier in December their conditional acceptance of the relocation plan.
William placed Edinburgh at the top of his application list and has been given a conditional acceptance.
Pope Paul (again, I think) concluded he couldn't nuance a conditional acceptance and therefore fell back on unconditional rejection.
Students with high academic achievement from these high schools will be granted automatic conditional acceptance to Peirce during their final year and will qualify for a $1,500 annual scholarship, if they choose to enroll at Peirce.
Coronado received conditional acceptance from the TSX Venture Exchange in respect of the OHL Acquisition on August 16, 2013.
Patricio Varas, President and CEO commented on the conditional acceptance, "We are pleased that the Toronto Stock Exchange has approved the Company's technical reports and related material and has granted conditional approval for listing on the Senior Stock Exchange.
On May 14, 2013 the Company received conditional acceptance from the TSX Venture Exchange (the "TSX-V") to close the private placement.
CCXML enables complex actions to be easily programmed, such as conditional acceptance of calls, various types of call transfer, advanced multi-party conferencing, and sophisticated multiple-call handling and control, including the management of proactive outbound calls.

Full browser ?