1. Banking: a time draft drawn on and accepted by a bank; SYN. banker's acceptance.
2. In contract law: words signifying consent to the terms of an offer (thereby creating a contract).
3. The act of taking something that is offered
4. The state of being acceptable and accepted
Commerce, agreement to pay bill of exchange when due. acceptance-house, merchant banker. acceptance for honor, taking up of bill of exchange by person other than drawer to protect honor of party to bill.
1. The act of admitting.
2. Permission to enter; the power or right of entrance; also, actual entrance; reception.
3. Concession; admission; allowance.
4. Admissibility.
ETYM Latin emolumentum, lit., a working out, from emoliri to move out, work out; e out + moliri to set in motion, exert one's self, from moles a huge, heavy mass: cf. French émolument. Related to Mole a mound.
Compensation received by virtue of holding an office or having employment (usually in the form of wages or fees).
Payment; profit arising from employment.
Salary; profit.
ETYM Old Eng. receite, Old Fren. recete, recepte, French recette, from Latin recipere, receptum, to receive. Related to Receive.<br />
1. Recipe.
2. An acknowledgment (usually tangible) that payment has been made.
3. The act or process of receiving.
4. Something received — usually used in plural.
5. A writing acknowledging the receiving of goods or money.
ETYM French réception, Latin receptio, from recipere, receptum. Related to Receive.
1. The act of receiving; SYN. receipt, receiving.
2. The manner in which something is greeted; SYN. response.
3. A formal party of people; as after a wedding.
4. Quality or fidelity of a received broadcast.
5. The act of catching a pass in football.