acceptor

Estimated CEFR level: C2 — Proficiency

Estimated from word frequency; not an official CEFR classification.

Definition

noun (chemistry) in the formation of a coordinate bond it is the compound to which electrons are donated
noun the person (or institution) who accepts a check or draft and becomes responsible for paying the party named in the draft when it matures

From Middle English acceptour, from Latin acceptor, with the meanings from accept.

Is it the custom of the Bank of England (in 1873) to send acceptances offered for discount to the acceptors for verification of signatures? — Bidwell's Travels, from Wall Street to London Prison: Fifteen Years in Solitude, Austin Bidwell
If, when the bill becomes due, the acceptor does not pay it as soon as it is presented, he becomes from that moment a bankrupt. — An Inquiry into the Nature and Causes of the Wealth of Nations, Adam Smith

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