The term 'ACCEPTED AS FACT' can be broken down into two five-letter words: ACCEPT and EDASF. The word ACCEPT is defined as to receive or take willingly, while EDASF stands for 'Established as Fact'. Together, the phrase 'Accepted as Fact' means that something is generally accepted as true or accurate without any further proof or verification. This phrase is often used in legal contexts to refer to a statement or belief that is widely accepted and not subject to dispute.