- A person who accepts a time draft. By accepting the draft, the acceptor is primarily liable to pay the draft at maturity. Compare "Acceptance."
- The drawee of a * bill of exchange after acceptance of the bill, ie the acceptor has accepted liability by signing the face of the bill.
- (chemistry) in the formation of a coordinate bond it is the compound to which electrons are donated.
- the person (or institution) who accepts a check or draft and becomes responsible for paying the party named in the draft when it matures.
- In accounting, the acceptor, also known as the drawee, is the addressee of a bill of exchange. The acceptor is the person primarily responsible for the payment of the amount mentioned in the bill to the drawer of it on the date of its maturity.
- One who accepts; one who accepts a draft or a bill of exchange; a drawee after he has accepted; an atom or molecule which can accept an electron to form a chemical bond; a chemical acceptor atom forming a positive hole in a semiconductor.
Tuesday, July 29, 2008
Acceptor
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