upon acceptance
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Acceptance testing — of an aircraft catapult In engineering and its various … Wikipedia
acceptance of check — The certification of a check. The purpose and effect of procuring a check to be accepted or certified by the bank on which it is drawn is to impart strength and credit to the paper by obtaining an acknowledgment from the bank that the drawer has… … Ballentine's law dictionary
Acceptance credit — An acceptance credit is a type of letter of credit that is paid by a time draft authorizing payment on or after a specific date, if the terms of the letter of credit have been complied with. There are two types of acceptance credit, confirmed and … Wikipedia
acceptance — The actual or implied receipt and retention of thin which is tendered or offered. A receipt alone does not amount to all acceptance, but anything done by the receiptor as owner is evidence of all acceptance. Patterson & Holden v Sargent, 83 Vt… … Ballentine's law dictionary
acceptance by mail — The acceptance of all offer made by mail is complete upon depositing tire letter of acceptance in the postoffice, postage prepaid, and directed to the offeror s proper address, provided it is done in proper season and before receiving any… … Ballentine's law dictionary
acceptance of bill of exchange — The drawee s signed engagement to honor the bill as presented; the signification by the drawee of his assent to the order of the drawer and his agreement to pay the bill when it falls due. 11 Am J2d B & N § 500. The contract of the acceptor, by… … Ballentine's law dictionary
acceptance of plea — The reception by the court in a criminal prosecution of a plea of guilty. There are statutory limitations upon the acceptance of a plea in a capital case and in any case where it is open to the accused to plead guilty, the court is under a duty… … Ballentine's law dictionary
acceptance credit — noun : an authorization given by a bank to a specified beneficiary to draw drafts upon the bank up to a specified amount … Useful english dictionary
Bankers' acceptance — A banker s acceptance, or BA, is a time draft drawn on and accepted by a bank. Before acceptance, the draft is not an obligation of the bank; it is merely an order by the drawer to the bank to pay a specified sum of money on a specified date to a … Wikipedia
banker's acceptance — noun A negotiable instrument or time draft drawn on and accepted by a bank, that upon acceptance becomes an obligation of the bank and is a marketable money market instrument. See Also: trade acceptance … Wiktionary
Offer and acceptance — Contract law Part o … Wikipedia
