acceptance of check

The certification of a check. The purpose and effect of procuring a check to be accepted or certified by the bank on which it is drawn is to impart strength and credit to the paper by obtaining an acknowledgment from the bank that the drawer has funds therein sufficient to cover the check, and securing the engagement of the bank that the check will be paid upon presentation. 10 Am J2d Banks § 578. Any act on the part of the bank upon which a check is drawn which demonstrates an intention to become bound for payment will constitute an acceptance. It is nor essential that the acceptance be Written Upon the check itself. A drawee bank makes itself liable by a contract of acceptance extrinsic to the check itself whenever the plain import of the language used is that of a contract of acceptance. 10 Am J2d Banks § 581.

Ballentine's law dictionary. . 1998.

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  • acceptance — Synonyms and related words: CD, IOU, John Hancock, MO, OK, acceptance bill, acceptation, acception, accession, accord, acknowledgment, acquiescence, acquisition, adherence, admiration, admission, admittance, adoption, affiliation, affirmance,… …   Moby Thesaurus

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  • acceptance — I noun accedence, acceptio, accession, accordance, acknowledgment, acquiescence, adoption, agreement, allowance, approbation, approval, assent, assurance, compliance, comprobatio, concordance, consent, endorsement, ratification, receipt,… …   Law dictionary

  • acceptance of a check — Acceptance Ac*cept ance, n. 1. The act of accepting; a receiving what is offered, with approbation, satisfaction, or acquiescence; esp., favorable reception; approval; as, the acceptance of a gift, office, doctrine, etc. [1913 Webster] They shall …   The Collaborative International Dictionary of English

  • Acceptance — Ac*cept ance, n. 1. The act of accepting; a receiving what is offered, with approbation, satisfaction, or acquiescence; esp., favorable reception; approval; as, the acceptance of a gift, office, doctrine, etc. [1913 Webster] They shall come up… …   The Collaborative International Dictionary of English

  • acceptance of a bill of exchange — Acceptance Ac*cept ance, n. 1. The act of accepting; a receiving what is offered, with approbation, satisfaction, or acquiescence; esp., favorable reception; approval; as, the acceptance of a gift, office, doctrine, etc. [1913 Webster] They shall …   The Collaborative International Dictionary of English

  • acceptance of a draft — Acceptance Ac*cept ance, n. 1. The act of accepting; a receiving what is offered, with approbation, satisfaction, or acquiescence; esp., favorable reception; approval; as, the acceptance of a gift, office, doctrine, etc. [1913 Webster] They shall …   The Collaborative International Dictionary of English

  • acceptance of an order — Acceptance Ac*cept ance, n. 1. The act of accepting; a receiving what is offered, with approbation, satisfaction, or acquiescence; esp., favorable reception; approval; as, the acceptance of a gift, office, doctrine, etc. [1913 Webster] They shall …   The Collaborative International Dictionary of English

  • Acceptance of goods — Acceptance Ac*cept ance, n. 1. The act of accepting; a receiving what is offered, with approbation, satisfaction, or acquiescence; esp., favorable reception; approval; as, the acceptance of a gift, office, doctrine, etc. [1913 Webster] They shall …   The Collaborative International Dictionary of English

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