Home > Personal > Personal Lending > Mortgage > Mortgage Resources > Glossary > Acceptance Acceptance November 9, 2021 A party’s consent to enter into a contract and be bound by the terms of the offer.You Might Also Like: Living QuartersMortgage Lending for Veterans at Bank Five Nine All Things CommunityReviewing Random Acts of Kindness 2023 Everyday MoneyWhat are ACH Payments and How Do They Work? Living QuartersUnderstanding Mortgage Interest Rates Family MattersFun Games to Teach Kids About Money