n.1. The act of taking something offered: the acceptance of a new job.
2. The act of admitting to a group or organization: acceptance of new members into the club.
3. A notification that someone or something has been accepted: received an acceptance from her first-choice college.
4. Favorable reception; approval: Acceptance of seat belts among the public has greatly reduced injuries in car accidents.
5. Belief in something; agreement: Acceptance of the new theory has been slow.
6. a. A formal indication by a debtor of willingness to pay a draft or bill of exchange.
b. An instrument so accepted, especially a bankers' acceptance.
7. Law The demonstration of agreement with the terms and conditions of another's offer so that the offer becomes a contract between the two parties.