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Tender
Contract Law

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Legal Phrases

 

Term: tender

1.

An offer to pay all of a debt.

 

Usage: Payment was tendered to the creditor.

Related Words: tender performance; contract.


2.

An offer made in writing to provide goods or services in response to an invitation for tender.

 

Usage: Tenders were required to be lodged in unmarked envelopes.

Related Words: invitation for tender; bid.


 

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Gillhams - Law Firm
Business Contract Lawyers
London, UK

Tel: +44 20 7353 2732
Fax: +44 20 7353 2733

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