Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “acceptance”

See all translations

acceptance

noun
 
 
/əkˈseptəns/
[U] the act of agreeing to something such as an offer or invitation: The board has recommended acceptance of the offer. On acceptance of the proposal, a draft agreement will be sent to both parties.
[U] COMMERCE, LAW the act of formally agreeing to buy or sell goods at a particular price or to use something in a particular way: We will confirm acceptance of your order by email. A formal letter of acceptance is sent to the successful supplier. Placing of an order constitutes acceptance of our terms and conditions.
[U] MARKETING willingness of people to use a new product or service or to believe a new idea: gain/find/win acceptance These devices are gaining acceptance within the marketplace.consumer/customer/public acceptance The project aims to assess consumer acceptance of GM foods.
[C] FINANCE an agreement by a shareholder to sell their shares to another company during a takeover: The bidding company has received acceptances in respect of 73.27% of the issued shares.
[C or U] FINANCE an act of agreeing to pay a bill of exchange (= a written order to pay someone a particular amount of money) by writing your name on the document, or the document itself: In essence, an acceptance is a promise to pay.
[U] INSURANCE an agreement or contract between an insurance company and a customer to provide insurance: This life insurance plan offers guaranteed acceptance for the over 50s.
[U] IT, PRODUCTION approval of a new machine, computer system, etc. after testing it to check that it works correctly: A number of acceptance tests were performed.
→  See also banker's acceptance , documents against acceptance , non-acceptance , user acceptance test
(Definition of acceptance from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of acceptance?
Add Cambridge dictionaries to your browser to your website

Definitions of “acceptance” in other dictionaries

Word of the Day

christmassy

typical of Christmas, or happy because it is Christmas

Word of the Day

Cleavage proves divisive in Cambridge’s words of 2014

by Alastair Horne,
December 19, 2014
​​​​ Other dictionaries may choose faddish novelties as their words of the year, but here at Cambridge, we like to do something different. We look for the words that have seen sudden surges in searches over the course of the year – words that have been baffling users of English and driven them

Read More 

tweleb noun

December 22, 2014
informal a Twitter celebrity; (more specifically, someone who has more than 1,000 followers on Twitter) There were a few old and a few new faces, including a tweleb or two. Expect to see and hear more from these cool kids.

Read More