<p><strong>Noun</strong></p><ul><li>the act of taking or receiving something offered.</li><li>favorable reception; approval; favor.</li><li>the act of assenting or believing: acceptance of a theory.</li><li>the fact or state of being accepted or acceptable.</li><li>acceptation.</li><li>Commerce: an engagement to pay an order, draft, or bill of exchange when it becomes due, as by the person on whom it is drawn.</li><li>an order, draft, etc., that a person or bank has accepted as calling for payment and has thus promised to pay.</li></ul>