acceptor Definition
a person or thing that accepts something, especially a bank or other financial institution that accepts a bill of exchange.
Using acceptor: Examples
Take a moment to familiarize yourself with how "acceptor" can be used in various situations through the following examples!
Example
The acceptor of the check is the bank where it was deposited.
Example
The company acted as an acceptor of the invoice, agreeing to pay the amount due.
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Summary: acceptor in Brief
'Acceptor' [əkˈsɛptər] refers to a person or entity that accepts something, such as a bank that accepts a bill of exchange. It can also refer to a company that agrees to pay an invoice. There are no idioms or phrases associated with this word.
