- accept
- accept ac‧cept [əkˈsept] verb [intransitive, transitive]1. to take or agree to take something that has been offered:
• The steel workers have accepted a 3% wage offer.
accept something from somebody• Doctors should not accept expensive gifts from pharmaceutical companies.
2. to agree to a plan, idea, agreement etc:• The US is ready to accept the deal.
3. to agree to take goods that have been ordered:• The company has shipped three supercomputers, but only two have been accepted.
4. MARKETING when people accept a new product, they like it and are willing to buy it:• The machine is too highly priced to be accepted by the mass of US consumers.
5. accept cash/dollars/cheques/credit cards etc to allow customers to pay using these forms of payment:• Do you accept Visa?
7. accept a risk INSURANCE to officially agree to insure something:• The insurance company reserves the right to make medical checks prior to accepting a risk on health insurance.
* * *
accept UK US /əkˈsept/ verb► [T] to agree to take something: accept a cheque/credit card/cash »Do you accept credit cards?
accept a booking/order »Your order has been accepted and will be processed within 48 hours.
»The buyer may refuse to accept the goods if they do not comply with the contract.
»Please accept my apology for our mistake.
»I accept full responsibility for the failure of the project.
► [I or T] to say yes to an offer or invitation: accept an offer/job/position »We've offered her the job, but I don't know whether she'll accept.
»Almost 80% of policyholders voted to accept the deal.
»I've accepted an invitation to speak at the conference.
► [T] to consider something or someone as satisfactory: accept sb/sth as sth »We are pleased to announce that we have been accepted as a full member of the Association of Consultant Engineers.
accept sth for sth »The design has been accepted for production.
► [T] INSURANCE to agree to provide insurance for something or someone: »The decision by insurance underwriters to accept the risk demonstrates the strength of his case.
► [T] FINANCE to agree to pay a bill of exchange
Financial and business terms. 2012.