Acceptance

(Latin acceptus - accepted) -1) in civil law - consent to accept the counterparty's proposal to conclude an agreement (acceptance of an offer, order). 2) consent of the payer to pay for monetary and commodity documents in domestic and international circulation; 3) in bank settlements - the buyer's consent to pay a bill of exchange (bill A.), check (check A.), etc. 4) the payer's consent to pay the bill of exchange upon the expiration of the term specified therein