Legal Dictionary of Pakistan

implied acceptance

An acceptance implied by a drawee whose actions indicate an intention to comply with the request of the drawer; conduct by the drawee from which the holder is justified in concluding that the drawee intends to accept the instrument. special acceptance. An acceptance that departs from either the terms of a bill or t li:terms added to but not otherwise expressed in a bill. 9 An example is an acceptance of ., draft as payable in a particular place even though the draft contains no such limitation trade acceptance. A bill of exchange for th;~ amount of a specific purchase, drawn on and accepted by the buyer for payment at a spec fied time.