generally or traditionally accepted; conventional; standard: a received moral idea.

1400–50; late Middle English; see receive, -ed2

well-received, adjective Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
received (rɪˈsiːvd)
generally accepted or believed: received wisdom

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Word Origin & History

mid-15c., "generally accepted as true or good," pp. adj. from receive.
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences for wellreceived
These were broadly faithful to the originals and were quite wellreceived.
They recorded two wellreceived albums, changes one and changes two.
Chrono trigger was wellreceived by reviewers and commercially successful.
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