Express Acceptance Law and Legal Definition
In the law of contracts, acceptance is one person's compliance with the terms of an offer made by another. Express Acceptance is a written or oral expression indicating that the drawee has seen the instrument and does not dispute its sufficiency. While a written acceptance is typically signified by the stamped or written word "accepted" or "presented" usu. on the instrument itself, an oral acceptance must be made directly to a drawer or holder who has waived the right to a written acceptance.
