Acceptance
Glossary of Technical Terms, Phrases, and Maxims of the Common Law · Frederic Jesup Stimson · 1881
Glossary of Technical Terms, Phrases, and Maxims of the Common Law
1.
The agreement to pay a bill of exchange, made by. the drawee when the bill is presented, as by writing his name on the face. Acceptance supra protest or for honor: an acceptance made by some friend of the drawer or indorser of a bill, when the drawee has refused to accept, by which the acbecomes liable if the drawee does not at