'acceptilate' originates from Latin, specifically the word 'acceptilatio,' where 'accept-' meant 'to receive' and '-latio' meant 'a carrying or bringing.'

'acceptilatio' 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 cancel a debt through verbal agreement.'