adoption > define

noun

• The act of accepting with approval; favorable reception.
  • usage: "its adoption by society"; "the proposal found wide acceptance"
  • synonyms: acceptance, acceptation, espousal
• A legal proceeding that creates a parent-child relation between persons not related by blood; the adopted child is entitled to all privileges belonging to a natural child of the adoptive parents (including the right to inherit. )
• The appropriation (of ideas or words etc) from another source.
  • usage: "the borrowing of ancient motifs was very apparent"
  • synonyms: borrowing

• (n.) The act of adopting or state of being adopted; voluntary acceptance of a child of other parents to be the same as one's own child.
• (n.) The choosing and making that to be one's own which originally was not so; acceptance; as, the adoption of opinions.
• (n.) Admission to a more intimate relation; reception; as, the adoption of persons into hospitals or monasteries or of one society into another.

This is a contract principle whereby a person agrees to assume a contract previously made for his or her benefit. This concept is applied when a newly formed corporation accepts a pre-incorporation contract made for its benefit by a promoter.