Webster's English Dictionary

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acknowledgment

ac.knowl.edg.ment also ac.knowl.edge.ment \ik-'na:l-ij-m*nt, ak-\ n 1a: the 
   act of acknowledging  1b: recognition or favorable notice of an act or 
   achievement  2: a thing done or given in recognition of something received  
   3: a declaration or avowal of one's act or of a fact to give it legal validity