Acceptilatio

Lat. [from aecepturn, a thing received, and latio, a putting down.] In the civil law. A holding, considering, or acknowledging as received. A form of releasing one from an obligation, without payment, called an imaginary payment; one of the modes of dissolving obligations in the civil law. Inst, 3. 30. 1. Bract, fol. 101. It was made verbally, in the usual form of question and answer. thus: the debtor said to the creditor. Quod ego tibi promisi Iiabesne acceptum ? (Do you consider what I promised you as received ?) The creditor answered, Habeo, (I do.) It might also be made in Greek, provided it were in the same form. But it was only verbal contracts that could be thus dissolved. InM, 3. 30. 1. There was also a more general form of acceptilatio, by which obligations of all kmds might be dissolved, after being reduced to the form of a verbal stipulation. Inst. 3. 30. 2. This is the kind mentioned in Bracton. Omne quod tibi debui ex quacungue causa, habes7ie a^cceptum ? (Do you consider everything that I have owed you, on whatever account, as received ?) To which the answer was, by word or writing, Habeo, acceptumque fero; (I hold it so, and put it down as received.) Bra^ct. fol. 101 a. The last clause in this example shows the etymology of the word; {latio, from ferre.) Acceptilation is used m modem civil law; and as an ordinary English word, by some of the old writers. Richardson's Diet, ' ACCEPTOR.

In mercantile law. The party who accepts a bill of exchange. 3 Kent's Com. 75. See Acceptance.