'acceptilate' originates from Latin, specifically the word 'acceptilare,' where 'accept-' meant 'to receive' and '-ilare' was a suffix used in forming verbs.

'acceptilare' transformed into the Medieval Latin word 'acceptilare,' and eventually became the modern English word 'acceptilate'.

Initially, it meant 'to receive a formal release from a debt,' but over time it evolved into its current meaning of 'to formally forgive or cancel a debt or obligation.'