Acceptance: Definition and part of speech

Acceptance

n. Meaning; acceptation.
n. The act of accepting; a receiving what is offered, with approbation, satisfaction, or acquiescence; esp., favorable reception; approval; as, the acceptance of a gift, office, doctrine, etc.
n. State of being accepted; acceptableness.
n. An assent and engagement by the person on whom a bill of exchange is drawn, to pay it when due according to the terms of the acceptance.
n. The bill itself when accepted.
n. An agreeing to terms or proposals by which a bargain is concluded and the parties are bound; the reception or taking of a thing bought as that for which it was bought, or as that agreed to be delivered, or the taking possession as owner.
n. An agreeing to the action of another, by some act which binds the person in law.

The word meanings were obtained from OPTED(The Online Plain Text English Dictionary), which is based on “The Project Gutenberg Etext of Webster’s Unabridged Dictionary” which is in turn based on the 1913 US Webster’s Unabridged Dictionary (See Project Gutenburg), as a text file.

n. The quality of being acceptable, or suitable to be favorably received; acceptability.

a. Capable, worthy, or sure of being accepted or received with pleasure; pleasing to a receiver; gratifying; agreeable; welcome; as, an acceptable present, one acceptable to us.

a. Accepted.
v. t. To receive with a consenting mind (something offered); as, to accept a gift; — often followed by of.
v. t. To receive with favor; to approve.
v. t. To receive or admit and agree to; to assent to; as, I accept your proposal, amendment, or excuse.
v. t. To take by the mind; to understand; as, How are these words to be accepted?
v. t. To receive as obligatory and promise to pay; as, to accept a bill of exchange.
v. t. In a deliberate body, to receive in acquittance of a duty imposed; as, to accept the report of a committee. [This makes it the property of the body, and the question is then on its adoption.]