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acceptor

[əkˈsɛptər]

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.