nonacceptance. 1. The refusal or rejection of something, such as a contract offer; REJECTION(1).2. A buyer’s rejection of goods because they fail to conform to contractual specifications. See UCC § 2-601. [Cases: Sales 119, 179(6). C.J.S. Sales §§ 192, 194–202.] 3. A drawee’s failure or refusal to receive and pay a negotiable instrument. [Cases: Bills and Notes 24. C.J.S. Bills and Notes; Letters of Credit § 19.]

[Blacks Law 8th]