The person (the drawee) who accepts a draft and who engages to be primarily responsible for its payment. One who engages that he will pay the draft according to its tenor at the time of his engagement or as completed pursuant to authority on incomplete instruments. U.C.C. No. 3-413

Black's law dictionary. . 1990.

Look at other dictionaries:

  • Acceptor — may refer to: * Acceptor (accounting), the addressee of a bill of exchange. * In the Indian Contract Act of 1872, the acceptor is the person to whom a proposal is made, and who has communicated his or her acceptance of the said proposal. * In… …   Wikipedia

  • acceptor — ac‧cept‧or [əkˈseptə ǁ ər] also accepter noun [countable] BANKING a financial institution that accepts a bill of exchange: • In the case of bank bills, the Bank has to be sure that the acceptor bank will be in a position to pay. * * * …   Financial and business terms

  • acceptor — ACCEPTÓR, acceptori, s.m. (fiz.) Atom trivalent care introdus într un semiconductor primeşte electroni de la un atom din reţeaua cristalină a acestuia. – Din fr. accepteur. Trimis de ana zecheru, 30.08.2002. Sursa: DEX S 88  acceptór adj. m., s …   Dicționar Român

  • ACCEPTOR — vox Latio veteri cognita, teste Sosipatrô l. 10. in usum dein revocata a Scriptoribus medii aevi et in LL. antiquis frequens: in Salica tit. 7. §. 1. 2. 3. Burgund. add. 1. c. 11. Longobard. tit. 104. §. 18. 19. 20. etc. accipitrem notat. qui… …   Hofmann J. Lexicon universale

  • Acceptor — Ac*cept or (#; 277), n. [L.] One who accepts; specifically (Law & Com.), one who accepts an order or a bill of exchange; a drawee after he has accepted. [1913 Webster] …   The Collaborative International Dictionary of English

  • acceptor — index bearer, customer, devisee, donee, feoffee, grantee, heir, payee, transferee …   Law dictionary

  • acceptor — [ak sep′tər, əksep′tər] n. [L] 1. one who accepts; specif., a person who signs a promise to pay a draft or bill of exchange 2. Chem. an atom that receives a pair of electrons from another atom to form a covalent bond with it 3. Electronics an… …   English World dictionary

  • acceptor — /ak sep teuhr/, n. 1. accepter. 2. Finance. a person who accepts a draft or bill of exchange, esp. the drawee who signs the draft or bill, confirming a willingness to pay it when due. 3. Also called acceptor atom, acceptor impurity. Physics. an… …   Universalium

  • Acceptor — The acceptor is the third party who accepts responsibility for payment in a bill of exchange drawn upon it. The bill of exchange will generally have three parties: the drawor, the drawee and the acceptor. The simplest example of an acceptor is a… …   Investment dictionary

  • Acceptor — Latin term for a hawk. The word was qualified by many adjectives. For example, acceptor de pertica = a hawk off the perch; acceptor mutatus = a mewed hawk; acceptoricius canis = a spaniel accompanying hunts with hawks. Cf. Mew …   Dictionary of Medieval Terms and Phrases

  • acceptor — akceptorinė priemaiša statusas T sritis chemija apibrėžtis Kristalo atomai, gebantys prisijungti elektroną iš valentinės zonos. atitikmenys: angl. acceptor; acceptor impurity rus. акцептор; акцепторная примесь ryšiai: sinonimas – akceptorius …   Chemijos terminų aiškinamasis žodynas

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