ac·cep·tance noun \ik-ˈsep-tən(t)s, ak-\
Definition of ACCEPTANCE
an agreeing either expressly or by conduct to the act or offer of
another so that a contract is concluded and the parties become legally
4 a : the act of accepting a time draft or bill of exchange for payment when due according to the specified terms b : an accepted draft or bill of exchange
Directly from L. acceptare "take or receive willingly," frequentative of accipere "receive," from ad- "to" (see ad-) + capere "to take"