In this paprer a class of so called mathematically acceptable (shortly MA) languages is introduced First-order formal languages containing natural numbers and numerals belong to that class. MA languages which are contained in a given fully interpreted MA language augmented by a monadic predicate are constructed. A mathematical theory of truth (shortly MTT) is formulated for some of these languages. MTT makes them fully interpreted MA languages which posses their own truth predicates, yielding consequences to philosophy of mathematics. MTT is (...) shown to conform well with the eight norms presented for theories of truth in the paper 'What Theories of Truth Should be Like (but Cannot be)' by Hannes Leitgeb. MTT is also free from infinite regress, providing a proper framework to study the regress problem. (shrink)