noun
a person or entity who accepts payment on behalf of another party in order to honor a financial instrument such as a bill of exchange or promissory note
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The bank appointed an acceptor for honor to ensure that the letter of credit would be honored.
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The bank got someone to accept for honor so that the payment would go through smoothly.
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The bank had a buddy step in as the acceptor for honor to make sure everything went as planned.
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She acted as the acceptor for honor in their group, always stepping up to help out when needed.