term:

Accept

accept vt

1 a : to receive with consent [ a gift] [ service]
b : to assent to the receipt of and treat in such a way as to indicate ownership of [ed the shipment despite discovering defects in the merchandise] compare reject NOTE: Under section 2-606(1) of the Uniform Commercial Code, a buyer accepts goods if: 1) he or she indicates to the seller after a reasonable opportunity to inspect them that he or she will keep them; 2) he or she fails to effectively reject them; 3) he or she acts in a way that is inconsistent with seller's ownership of the goods.
2 : to make an affirmative or favorable response to
;specif
: to indicate by words or action one's assent to (an offer) and willingness to enter into a contract NOTE: A contract is created when the offer is accepted.
3 : to assume orally, in writing, or by conduct an obligation to pay [ing a draft]
4 of a deliberative body
: to receive (a report) officially (as from a committee)
vi
1 : to receive favorably something offered usually used with of [no person…shall… of any present "U.S. Constitution art. I"]
2 : to receive and assume ownership of goods [under section 2-606(1), buyer has ed if he has done any of the acts described therein "J. J. White and R. S. Summers"]
ac·cep·tance [ik-sep-təns, ak-]
n

ac·cept·er
or
ac·cep·tor
[-tər]

n

Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.