| 释义 |
qualified acceptance
An acceptance of a bill of exchange that varies the effect of the bill as drawn; for example, either by making payment by the acceptor dependent on fulfilling a condition or by accepting to pay part only of the amount for which the bill is drawn (a partial acceptance). A qualified acceptance is distinguished from a general acceptance, which assents without qualification to the order of the drawer. The holder of a bill may refuse to take a qualified acceptance; if he does not obtain an unqualified acceptance he may treat the bill as dishonoured by nonacceptance. If a qualified acceptance is taken (subject to an exception as to partial acceptances) and the drawer or an endorser has not authorized the holder to take a qualified acceptance or does not subsequently assent to it, such drawer or endorser is discharged from his liability on the bill. |