What is "to accept a bill"

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.]

1. To receive with a consenting mind (something offered); as, to accept a gift; -- often followed by of.

   If you accept them, then their worth is great.
   --Shak.

   To accept of ransom for my son.
   --Milton.

   She accepted of a treat.
   --Addison.

2. To receive with favor; to approve.

   The Lord accept thy burnt sacrifice.
   --Ps. xx.

3. Peradventure he will accept of me.
   --Gen. xxxii. 20.

   3. To receive or admit and agree to; to assent to; as, I accept your proposal, amendment, or excuse.

4. To take by the mind; to understand; as, How are these words to be accepted?

5. (Com.) To receive as obligatory and promise to pay; as, to accept a bill of exchange.
   --Bouvier.

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.]

   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.

   Syn: To receive; take; admit. See Receive.