to accept a bill

from The Collaborative International Dictionary of English v.0.48
Accept \Ac*cept"\ ([a^]k*s[e^]pt"), v. t. [imp. & p. p.
   {Accepted}; p. pr. & vb. n. {Accepting}.] [F. accepter, L.
   acceptare, freq. of accipere; ad + capere to take; akin to E.
   heave.]
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   1. To receive with a consenting mind (something offered); as,
      to accept a gift; -- often followed by of.
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            If you accept them, then their worth is great.
                                                  --Shak.
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            To accept of ransom for my son.       --Milton.
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            She accepted of a treat.              --Addison.
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   2. To receive with favor; to approve.
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            The Lord accept thy burnt sacrifice. --Ps. xx. 3.
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            Peradventure he will accept of me. --Gen. xxxii. 20.
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   3. To receive or admit and agree to; to assent to; as, I
      accept your proposal, amendment, or excuse.
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   4. To take by the mind; to understand; as, How are these
      words to be accepted?
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   5. (Com.) To receive as obligatory and promise to pay; as, to
      accept a bill of exchange. --Bouvier.
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   6. In a deliberate body, to receive in acquittance of a duty
      imposed; as, to accept the report of a committee. [This
      makes it the property of the body, and the question is
      then on its adoption.]
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   {To accept a bill} (Law), to agree (on the part of the
      drawee) to pay it when due.

   {To accept service} (Law), to agree that a writ or process
      shall be considered as regularly served, when it has not
      been.

   {To accept the person} (Eccl.), to show favoritism. "God
      accepteth no man's person." --Gal. ii. 6.
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   Syn: To receive; take; admit. See {Receive}.
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