Acceptances

/əkˈseptənsɪz/ noun

Definition

Plural of acceptance; instances or acts of receiving or agreeing to something offered.

Etymology

From 'acceptance' (Middle English, from Old French 'acceptance') with the plural '-es'. The root is Latin 'accipere' (to take/receive).

Kelly Says

In business, 'acceptances' (like bills of exchange) were literally promises to accept payment later—a medieval innovation that created the foundations of modern credit systems.

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