Any offer or proposal made for acceptance; as, a tender of a loan, of service, or of friendship; a tender of a bid for a contract.
The thing offered; especially, money offered in payment of an obligation.
A formal proposal to buy at a specified price.
Unconditional offer to pay a debt or perform a contract.
To offer and produce money in satisfaction of a debt or obligation and express to the creditor a willingness to pay.
In the securities market, it is the process whereby all allocations are assigned at the same price. In commodities trading, it is the notice of intent to deliver physical goods against a futures contract. Also, an invitation to acquire or sell a physical product. In a buy tender, a country sets out the terms under which will purchase a commodity. In a sell tender, a country states that it wishes to sell a commodity, e.g. a specific quantity of a crop for delivery at a specified time.
To offer or present for acceptance.
Offer by a company, individual or investment group to repurchase or purchase stocks or bonds from the holder.
A formal offer to undertake a contract usually in a competitive environment.
To offer a product for sale at a specified price, usually in response to a specific request from a potential purchaser. Government procurement, for example, that is not open to international tendering is a form of nontariff barrier.
a) The sale of a commodity or security through the seeking of written bids. (See also Bond Tender); b) A method used by governments to award contracts after publicly advertising their specifications.
a proposal, bid or offer that is submitted in response to an Invitation to Tender, Request for Proposal, or Request for Quotation from a contracting authority.
An act on the part of the holder of short futures contracts to deliver the physical commodity in accordance to the contract specifications. Typically, the exchange or clearinghouse will issue to the oldest buyer of long futures positions, the seller's "Notice of Intention to Deliver." Can also mean offering to buy a physical commodity, such as South Korea tendering for 54,000 tonnes US Corn.
performance of competitive selection of participants in order to determine the winner of the tender according to the procedures (except for the procedure for procurement form one supplier) stipulated by Ukrainian legislation See also: bidding;
An offer to pay money• Contracts
To offer for delivery, as of a futures contract. Also, to surrender one's shares in return for payment following a tender offer. see also retender, hedged tender, legal tender, creeping tender offer.
An offer of money, usually in satisfaction of a claim or demand.
propose a payment; "The Swiss dealer offered $2 million for the painting"
a bid made by a potential supplier, in competition with other potential suppliers, where they offer to provide specified goods or services to the Council at a stated price
a formal bidding document used to solicit offers from the general public for available equipment
an invitation from a client to several suppliers to present an offer for the provision of a particular product/service
an offer by one party having the present ability to perform to the other party to perform an obligation according to the terms of the contract
an offer to do or perform an act which the party offering, is b
an offer to provide goods and/or services for a particular price and upon strict conditions
a procedure by which competing bids are made for an advertised or published purchase order
Offer by a company to purchase stocks or bonds from a holder at a declared price.
the selling of a goods or services through the request of formal bids.
The selling of securities or other assets through the request of formal bids by potential purchasers.
If the Bank of England considers that there is sufficient demand, it will announce the tender of a tranche (or tranches) of Gilts. The Bank certifies a minimum price below which stock will not be sold. At the tender, successful participating GEMMs receive Gilts at the average allotment price. Tenders are becoming less important as a means of issuing stock as the Bank of England moves to a full auction system. Tenders are still used when issuing index-linked Gilts.
To surrender one's shares in return for payment following a tender offer. Tick - A tick is the minimum movement by which the price of a security, option, or index changes. With stocks, a tick may be little as one cent. With US Treasury securities, the smallest increment is 1/32 of a point, or 31.25 cents, and with corporate and municipal bonds, it's 1/8 of a point, or $1.25. An uptick represents an increase in price, and a downtick a drop in price.
a type of auction with verbal, written or electronic bids sought for the purchase of a commodity, often bonds or other securities.
A tender is a programme similar to an Auction, with an increased level of marketing. A tender involves potential purchasers placing confidential bids for a property. The bids may or may not include conditons, and any bid can be accepted by the vendor.
A proposal, bid or offer that is submitted in response to a Request for Tender from a contracting authority.
to offer goods for transportation, or to offer to place trucks for loading or unloading.
To submit a formal bid to buy a security during an initial public offer.
An unconditional and timely offer to pay the full sum due in a medium of payment acceptable to an insurer (or other person).
1. Delivery of the physical commodity against a futures contract. 2. Competitve process whereby physical traders are invited to bid or offer for a defined supply contract.
An application or offer to purchase a U.S. Treasury bill, note or bond.
(1) To offer for delivery against futures. (2) In the UK the term for the weekly Treasury Bill issue.
Prices, bids, quotations and consultant proposals.
Document prepared by bidding contractors specifying what their plant will do and what it will cost.
a process by which a designer will submit a proposal and thereby bid for a contract, in competition with other designers, usually according to strictly defined terms and conditions.
1. an offer to perform an obligation, together with present ability to perform. 2. to perform under a contract. 3. to pay or deliver
a document proposing to meet a specification in a certain way and at a stated price (or on a particular financial basis), an offer of price and conditions under which the tenderer is willing to undertake work for the client.
Tender (v), to provide, to offer for delivery. Frequently used as a short version of "tender offer," which is a public invitation extended to shareholders of a company by an organization that wishes to buy the company (i.e., a bid to take control of the company). Following a tender offer, shareholders who have accepted the offer surrender ("tender") their shares in exchange for payment.
A proposal (usually made formally and in writing) to supply goods or services in response to a competitive offer put out by the private or public sector.
1. To deliver payment or an item one is obliged to deliver. 2. To produce evidence of one's ability to meet one's obligations under a contract for the purposes of preserving one's right to sue another party to the contract who is not able to carry out the contract.
A supplier's bid in response to a buyer enquiry or invitation to tender.
The process of inviting parties to submit an offer by public advertisement, followed by evaluation of offers and selecting a successful bidder. The document containing an offer from an organisation responding to a request for tender.
In a contract of mutual promises, the offer, or tender, of performance by one of the parties showing a readiness, a willingness, and an ability to perform under the contract satisfies that party's requirement and thereby makes the other party's obligation to perform absolute.
A process of selling, calling for purchasers to make their best offers in writing for that property by a given date.
A way of auctioning shares or gilt-edged securities to the highest bidders. A guide is announced - then investors have to make up their own minds how much to offer for the amount of stock they want.
If an organisation asks firms to send in tenders to supply something, they are asking for firm written offers to do the work to an agreed standard and at a stated price.
A written offer to supply products or services at a stated cost TC 176 - The Technical Committee of the International Organization for Standardization (ISO) that is responsible for international standards in the field of Quality Management and Quality Assurance. There are 69 participating countries and 18 observers. See also http://www.iso.ch/iso/en/stdsdevelopment/tc/TC.html
An unconditional offer of payment of a debt or to fully satisfy an obligation.
(1) Act of surrendering securities in response to an offer to buy them at a set price as in a sinking fund call or tender offer. See: Tender Offer. (2) To submit a bid to buy a security, as in a U.S. Treasury bill auction.
In law, an unconditional offer by a party to a contract to perform their part of the bargain. In a loan contract, a tender would be an act of the debtor producing the amount owing and offering it to the creditor. In real property law, either party can write a tender; the seller to reassert the intention to respect the contract and tender the title, or the buyer, offering to tender the purchase price immediately.
A term commonly used in international trade denoting a formal offer to supply or purchase merchandise and/or services or both.
The offer of goods for transportation or the offer to place cars or containers for loading or unloading.
An offer to do a piece of work or supply goods or services at a specified price.
An offer to enter into a contract which, if accepted, becomes legally binding.
The selling of a commodity or security through the request of formal bids.
A method of sale, whereby the agent or owner invites interested purchasers o submit their offers in writing by a set date.This is method is rarely used in the sale of residential property.
A sale of property via competitive price bidding, usually awarded to the highest bidder. The tender may be restricted to only a few parties (private tender) or open to all who are interested in participating (open or public tender).
To present something of value for another's acceptance. An offer to perform an obligation, together with actual performance or evidence of present ability to perform. To pay or deliver. To perform under a contract.
To give notice to the clearing organization of the intention to initiate delivery of the physical commodity in satisfaction of a short futures contract. Also see Retender.
1. To accept a formal offer, such as a takeover bid or tender offer. 2. Means of settlement in a financial transaction. 3. A bid to buy treasury bills. 4. Notice from a futures contract seller to offer money or goods for settlement of a futures contract.
With regard to contracts; it is an unconditional offer by one of the parties to the contract to carry out that party?s part of the contract.
An intention to deliver, submitted to the Clearing House against a futures contract.
1: Act of surrendering ownership in a corporation's securities in response to an offer to buy them at a set price as in a tender offer. See: Tender Offer 2: The submittal of a bid to buy a security such as in a US Treasury bill auction. See: Dutch Auction; Treasury Bill
An unconditional offer of a party to a contract to perform their part of the bargain. For example, if the contract is a loan contract, a tender would be an act of the debtor where he produces the amount owing and offers to the creditor. In real property law, when a party suspects that the other may be preparing to renege, he or she can write a tender in which they unequivocally re-assert their intention to respect the contract and tender their end of the bargain; either by paying the purchase or delivering the title.
(1) a formal offer to supply or purchase goods or services. (2) In the UK the term for the weekly Treasury Bill issue.
The act of giving notice to the clearing house of intention to initiate delivery of the physical commodity in satisfaction of the futures contract.
The act of offering bonds to a sinking fund.