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: Family MattersPreparing Financially for a Baby Everyday MoneyBudget Friendly Ideas for Thanksgiving Everyday MoneySenior Discounts and Savings Everyday MoneyStarting an Emergency Savings Account Living QuartersQuestions to Ask Your Home Inspector