accept // verb [+ obj]

1

to agree to take sth such as an offer, a job or money:

The unions voted to accept a pay increase of 6%.

He accepted a position as vice-president of corporate development.

The board has accepted Mr. Martin's resignation.

OPP REJECT

2

to agree to or approve of sth:

The association has urged employers to accept a voluntary code of practice.

They accepted the court's decision.

The company has accepted a $5 billion takeover bid.

The company must accept change if it is to grow.

generally accepted accounting practices

This will be the last chance for shareholders to accept or reject the merger.

OPP REJECT

3

to be willing or able to receive payment in a particular form:

Will you accept a cheque?

All major credit cards are accepted.

The ticket machine will only accept coins.

Many small businesses do not have the ability to accept electronic payments.

Larger stores in London are now accepting euros.

4

to agree to be responsible for sth; to agree that you are responsible for sth wrong or illegal that has happened:

The College cannot accept responsibility for items lost or stolen.

The auditors have accepted responsibility for failing to spot the mistake.

5 (Law )

to agree to take goods or services from a seller, which means that the buyer must then pay for them:

The buyer can refuse to accept the goods if they arrive later than the agreed date.

OPP REJECT

6 (Marketing )

to be willing to buy a product, a technology or a service:

Our products are well/widely accepted in the local and international market.

7 (Law )

to agree to what is stated in a contract, for example particular rules or decisions:

to accept the terms of an agreement

8 (Insurance )

to agree to provide payments if sb loses sth or has a serious accident, for example:

The insurance company may refuse to accept the whole risk.

If we accept the claim but disagree with the amount due, the matter will be passed to an arbitrator.

9 (Finance )

to agree to pay the amount of money stated on a bill of exchange by signing it:

Merchant banks also offer financial advice to industry and accept bills of exchange.

• cordless
• core
• core area
• core capital
• core competency
• core deposits
• core earnings
• core inflation
• core values
• corner shop
• Corp.
• corporate
• corporate advertising
• corporate bond
• corporate communication
• corporate culture
• corporate debt
• corporate finance
• corporate governance
• corporate hospitality
• corporate identity
• corporate image
• corporate ladder
• corporate marketing
• corporate raider