Source : Webster's Revised Unabridged Dictionary (1913)

Accept \Ac*cept"\, v. t. [imp. & p. p. {Accepted}; p. pr. & vb.
   n. {Accepting}.] [F. accepter, L. acceptare, freq. of
   accipere; ad + capere to take; akin to E. heave.]
   1. To receive with a consenting mind (something offered); as,
      to accept a gift; -- often followed by of.

            If you accept them, then their worth is great.
                                                  --Shak.

            To accept of ransom for my son.       --Milton.

            She accepted of a treat.              --Addison.

   2. To receive with favor; to approve.

            The Lord accept thy burnt sacrifice.  --Ps. xx. 3.

            Peradventure he will accept of me.    --Gen. xxxii.
                                                  20.

   3. To receive or admit and agree to; to assent to; as, I
      accept your proposal, amendment, or excuse.

   4. To take by the mind; to understand; as, How are these
      words to be accepted?

   5. (Com.) To receive as obligatory and promise to pay; as, to
      accept a bill of exchange. --Bouvier.

   6. In a deliberate body, to receive in acquittance of a duty
      imposed; as, to accept the report of a committee. [This
      makes it the property of the body, and the question is
      then on its adoption.]

   {To accept a bill} (Law), to agree (on the part of the
      drawee) to pay it when due.

   {To accept service} (Law), to agree that a writ or process
      shall be considered as regularly served, when it has not
      been.

   {To accept the person} (Eccl.), to show favoritism. ``God
      accepteth no man's person.'' --Gal. ii. 6.

   Syn: To receive; take; admit. See {Receive}.

Source : WordNet®

accepted
     adj 1: generally approved or compelling recognition; "several
            accepted techniques for treating the condition"; "his
            recognized superiority in this kind of work" [syn: {recognized},
             {recognised}]
     2: generally agreed upon; not subject to dispute; "the accepted
        interpretation of the poem"; "an accepted theory" [syn: {undisputed}]
     3: generally accepted or used; "accepted methods of harmony and
        melody"; "three accepted types of pump"
     4: judged to be in conformity with approved usage; "acceptable
        English usage" [syn: {acceptable}]
     5: widely or permanently accepted; "an accepted precedent"
     6: widely accepted as true or worthy; "the accepted wisdom
        about old age"; "a received moral idea"; "Received
        political wisdom says not; surveys show otherwise"-
        Economist [syn: {received}]