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Acceptor - Definition - Law Dictionary Home Dictionary Definition acceptor

Definition :

Acceptor, After the drawee of bill has signed his assent upon the bill, or if there are more parts thereof than, one upon one of such parts, and delivered the same, or given notice of such signing to the holder or to some person on his behalf, he is called the acceptor. [Negotiable Instruments Act, 26 of 1881, s. 7)

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