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The person who accepts a bill of exchange, (generally the drawee,) or who engages to be primarily responsible for its payment. Law Dictionary - Alternative Legal Definition contracts. The person who agrees to pay a bill of exchange drawn upon him. There cannot be two separate acceptors of a bill of exchange, e.g. an acceptance by the drawee, and another for the honor of some … [Read more...] about ACCEPTOR

A person who is connected with a crime or may be connected with the crime but was not physically present at the time of the commission of the criminal act, e.g. a person who helped a gunman obtain a weapon used in a murder. See also aid and abet. … [Read more...] about ACCESSORY TO A CRIME

A loan that is given as a result of friendship or other motive that is without any security or consideration. … [Read more...] about ACCOMMODATION LOAN

In accounting, a depreciation method that allows a greater write off in early years rather than later years. Provides a tax benefit. This is as opposed to the straight line method of depreciation. … [Read more...] about ACCELERATED DEPRECIAITION

One who accepts a bill which has been protested, for the honor of the drawer or any one of the indorsers. Law Dictionary - Alternative Legal Definition in contracts, is a third person, who, after protest for non-acceptance by the drawee, accepts the bill for the honor of the drawer, or of the particular endorser. 2. By this acceptance he subjects himself to the same obligations … [Read more...] about ACCEPTOR SUPRA PROTEST