acceptance
ac.cep.tance \ik-'sep-t*n(t)s, ak-\ n 1: the act of accepting : APPROVAL 2: the quality or state of being accepted or acceptable 3: an agreeing either expressly or by conduct to the act or offer of anothe r so that a contract is concluded and the parties become legally bound 4a: the act of accepting a time draft or bill of exchange for payment when due according to the specified terms 4b: an accepted draft or bill of exchange 5: ACCEPTATION