acceptance


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Related to acceptance: self acceptance, Acceptance testing

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 ?
Discover Global Network has over 42 million merchant acceptance locations and 2 million ATM and cash access locations across 190 countries and territories, Discover Global Network includes Discover, Diners Club International, PULSE and affiliated networks.
Social acceptance was a strong predictor of quality of life among physically disabled students of special institutes show-ing the beta value ([beta]= .54, t= 5.5, p <.001).
Stressing it is a very important project, he said it is unacceptable there is an eight-month delay due to technical acceptance.
Prepayment system may improved quality of supply along with high customer satisfaction which might resulting in acceptance of the new system implemented.
They might also include technological questions and those concerning public acceptance Furthermore; VF innovation has never been examined to focus on the innovation process itself from a social-science perspective (Specht, Zoll, et al., 2016; Yang & Campbell, 2017).
-- The majority of Americans (56%) remain satisfied with the acceptance of gays and lesbians in the U.S., as they have been for the past five years, amid victories in the movement to legalize same-sex marriage.
A common barrier to acceptance is the myth that accepting a difficult situation means that you condone or approve of it but that's not the case.
A significant positive relationship between subscales of self-esteem scale were found: self-acceptance and self-competence r=0.55, p<0.01; self-acceptance and academic self-competence r=0.47, p<0.01; self-acceptance and social and physical acceptance r=0.57, p<0.01; self-competence and academic self-competence r=0.48, p<0.01; self-competence and social and physical acceptance r=0.50, p<0.01; academic self-competence and social and physical acceptance r=0.45, p<0.01).
LAHORE -- Election Tribunal (ET) has been moved by Pakistan Awami Tehreek (PAT) against acceptance of Kulsoom Nawaz's nomination papers by Election Commission of Pakistan (ECP).
M2 EQUITYBITES-October 7, 2016-Grand Chip Investment GmbH Lowers Minimum Acceptance Threshold in Aixtron Offer