Tender
Contract Law
Solicitors & Lawyers
Legal Dictionary
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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