acceptance is a written agreement, usually in the form of a draft, in which one party, the drawee, accepts the obligation to pay a specified amount of money to another party at a specified place and time. The drawee is also known as the acceptor, and writes the word "accepted" over his or her signature. A bank acceptance is a draft drawn on and accepted by a bank.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). acceptance. Retrieved September 20, 2026, from http://smartdefine.org/acceptance/definitions/1146963 |
| Chicago | Barry Goldsmith. 2010. "acceptance" http://smartdefine.org/acceptance/definitions/1146963 (accessed September 20, 2026). |
| Harvard | Barry Goldsmith 2010, acceptance, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/acceptance/definitions/1146963>. |
| MLA | Barry Goldsmith. "acceptance" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/acceptance/definitions/1146963> |