ACCEPT

Accept comes from the German of "AKZEPT" in turn from Latin from "ACCEPTUS" meaning well received, well seen. In economic relations, the acceptance means the act by which someone is obliged to pay a debt when due. Circulation is used more in debt securities and the value in accepting the obligation is related to that shooting, that person must pay efectuieze a (buyer, importer, borrower, the banker) and a take from the drawer, the person who gives orders to pay (the seller, exporter, supplier) to pay the beneficiary, that other person, upon maturity, a certain amount of money. Acceptance translates into practice as a signature on the back of a title given credit or value (bill of exchange, bonds, etc.). There is also acceptance bank, which is to guarantee payment of a sum of money specifically shown in a by a certain bank bills. Such a bill that is written on the back of bank acceptance is transferred with more confidence, and eventually broadening circulation bills.