Aceeptatio

l, Acceptance. A receiving with approbation or satisfaction. V. Receipt. An acceptance of a bill of exchange is the act by which the drawee undertakes to pay it, usually by writing the word accepted and his name across its face, though he may accept by parol, there being no statute forbidding, as by a promise to accept An acceptance supra protest or for honor is an acceptance by a third person after protest for non-acceptance by the drawee.