Acceptance
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1. Bills of exchange.
An acceptance is a bill of exchange which has been 'accepted' by a high quality credit - usually a bank - effectively guaranteeing payment and thereby enhancing the credit quality of the bill.
2. Trade finance.
A trade acceptance.
3. Law - contract.
Acceptance is one of the essential requirements for the formation of a contract under English law.
Another essential requirement being an offer.
4. Payment systems.
Abbreviation for acceptance for settlement.
5. Agreeing to receive, use or act on something.
More broadly, agreeing to receive, use, act on something, or simply not to argue against it.
- Acceptance of Principles for Responsible Investment
- "The six Principles for Responsible Investment are a voluntary and aspirational set of investment principles that offer a menu of possible actions for incorporating ESG issues into investment practice...
- Signatories commit themselves to:
- ... promote acceptance and implementation of the Principles within the investment industry."
- Principles for Responsible Investment - the Treasurer's Wiki.
- Acceptance and non-judgemental challenge
- "Existential coaches seek to:
- Express their respect for, and acceptance of, their client's worldview; whilst
- Exploring that worldview in a challenging, non-judgemental way, with a focus on the client's descriptions."
- Existential coaching - the Treasurer's Wiki.
See also
- Accept
- Acceptance credit
- Acceptance for settlement
- Acceptor
- Banker's acceptance
- Bill of exchange
- Contract
- Credit
- Documents against acceptance
- Environmental, social and governance (ESG)
- Existential coaching
- Maximum acceptance cap
- Offer
- Principles for Responsible Investment
- Settlement
- Trade acceptance
- Trade finance
