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Acceptance
AcceptanceThe writing of the word 'accepted' on the face of a bill of exchange by the drawee together with his/her signature indicating that the bill will be paid when due. RELATED TERMS-------------------------------------- Exchange A marketplace in which shares, options and futures on stocks, bonds, commodities, and indexes are traded. Drawee The party who is directed to pay as specified in a draft. Will The written expression of a person's wishes as to how his property should be distributed by his executors. SIMILAR TERMS-------------------------------------- Accelerated cost recovery system (ACRS) Schedule of depreciation rates allowed for tax purposes. Accelerated depreciation Is an accounting technique which provides larger than straight-line depreciation amounts in the early years and smaller than straight-line depreciation amounts in the later years. Acceleration clause A contract stating that the unpaid balance becomes due and payable if specific actions transpire. ACCENT Resources NL ACCENT Resources NL is a large Australian company in the field of materials. Their Australian Stock Exchange (ASX) code is ACS. Accenture Accenture is a top Bermuda corporation in the field of software and services, and its estimated market value is 24 0 million US dollars. Accepting house An organization, usually a merchant bank, which accepts or guarantees bills of exchange. ACCESS ACCESS is a credit union with head office in CLINTON, NY Access A former credit card system which was sold to Mastercard and discontinued. ACCESS FIRST ACCESS FIRST is a credit union with head office in MATTAWAN, MI ACCESS PROVIDERS Ltd ACCESS PROVIDERS Ltd is a large Australian company in the field of telecommunication services. Their Australian Stock Exchange (ASX) code is APV. PREVIOUS AND NEXT TERMS-------------------------------------- Abusive tax shelter A limited partnership that the IRS judges to be claiming tax deductions illegally. ACATS Is the Automated Customer Account Transfer Service. Accelerated cost recovery system (ACRS) Schedule of depreciation rates allowed for tax purposes. Accelerated depreciation Is an accounting technique which provides larger than straight-line depreciation amounts in the early years and smaller than straight-line depreciation amounts in the later years. Acceleration clause A contract stating that the unpaid balance becomes due and payable if specific actions transpire. Acceptance Accepting house An organization, usually a merchant bank, which accepts or guarantees bills of exchange. Access A former credit card system which was sold to Mastercard and discontinued. Accident insurance Insurance which pays benefits in the event of an accident. Items typically covered are medical expenses and loss of earnings. Accidental death insurance Insurance which pays a lump sum in the event of death of the insured being caused by an accident. Accommodative monetary policy Federal Reserve System policy to increase the amount of money available to banks for lending. We thank you for using the Financial Dictionary to search for Acceptance. If you have a better definition for Acceptance than the one presented here, please let us know by making use of the suggest a term option. This definition of Acceptance may be disputed by other professionals. Our attempt is to provide easy definitions on Acceptance and any other medical topic for the public at large.
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